According to the public record, Flat 15, 51, Clarence Avenue, Ilford is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 51, Clarence Avenue, Ilford, IG2.
Clarence Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 15, 51, Clarence Avenue, Ilford has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 15 51 Clarence Avenue Ilford as £352,493 and the rental value as £1,546 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 15 51 Clarence Avenue Ilford has decreased by £3,904 (1.1%) and its rental value has increased by £15 per month (0.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 15, 51, Clarence Avenue, Ilford is in very good condition we estimate a sale value of £370,118 and rental value of £1,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,819 and a rental value of £1,438 per month.
If you were able to purchase this property for the estimated value of £352,493, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,732 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 15, 51, Clarence Avenue, Ilford was last sold on 27 Mar 2024 for £348,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 51, Clarence Avenue, Ilford within a radius of 350 metres over the last 2 years.
The most recent example is 12, Jasmin House 332-336, Perth Road, Ilford, IG2 6FE, a Leasehold flat which sold for £270,000 in Mar 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Avenue, Ilford, IG2 has a total of 135 addresses. According to our analysis of all the public data, Flat 15, 51, Clarence Avenue, Ilford is the 62nd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in IG2.
Flat 15, 51, Clarence Avenue, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 15, 51, Clarence Avenue, Ilford is Gants Hill station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, 51, Clarence Avenue, Ilford, 33.7% of property is privately owned with a mortgage and 33.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 15, 51, Clarence Avenue, Ilford, 29.8% of residents are recorded as possessing school level qualifications and 45.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 15, 51, Clarence Avenue, Ilford, the average age was 37.5 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 15, 51, Clarence Avenue, Ilford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 15, 51, Clarence Avenue, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.