According to the public record, Flat 2, 114, Ley Street, Ilford is a period apartment with 161 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 114, Ley Street, Ilford, IG1.
Ley Street, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 2, 114, Ley Street, Ilford has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 2 114 Ley Street Ilford as £108,770 and the rental value as £690 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 2 114 Ley Street Ilford has increased by £722 (0.7%) and its rental value has increased by £24 per month (3.4%).
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 2, 114, Ley Street, Ilford is in very good condition we estimate a sale value of £114,208 and rental value of £724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,156 and a rental value of £642 per month.
If you were able to purchase this property for the estimated value of £108,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £535 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 380 metres radius of Flat 2, 114, Ley Street, Ilford over the last 2 years.
The most recent example is 107, Ley Street, Ilford, IG1 4BH, a Freehold house which sold for £287,500 in Nov 2014.
Read more about house prices in IG1.
Ley Street, Ilford, IG1 has a total of 453 addresses. According to our analysis of all the public data, Flat 2, 114, Ley Street, Ilford is the 453rd largest and the 453rd most expensive property on the street.
When compared to the postcode district it is £316k less expensive than the average property in IG1.
Flat 2, 114, Ley Street, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 2, 114, Ley Street, Ilford is Ilford station which is 300 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 2, 114, Ley Street, Ilford, 61.9% of property is privately rented and 15.8% is privately owned outright.
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 2, 114, Ley Street, Ilford, 27.3% of residents are recorded as possessing school level qualifications and 39.1% 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 2, 114, Ley Street, Ilford, the average age was 33.7 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 2, 114, Ley Street, Ilford, 0.2% 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 2, 114, Ley Street, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.