According to the public record, Flat 23, Berberis Court, Ilford is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Berberis Court, Hyacinth Close, Ilford, IG1.
Hyacinth Close, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 23, Berberis Court, Ilford has 21 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated August 2019.
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 23 Berberis Court Ilford as £268,390 and the rental value as £1,507 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 23 Berberis Court Ilford has increased by £2,403 (0.9%) and its rental value has increased by £56 per month (3.7%).
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 23, Berberis Court, Ilford is in very good condition we estimate a sale value of £281,810 and rental value of £1,582 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,603 and a rental value of £1,401 per month.
If you were able to purchase this property for the estimated value of £268,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,319 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 23, Berberis Court, Ilford was last sold on 24 Oct 2017 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2017, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Berberis Court, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is Flat 17, Berberis Court, Hyacinth Close, Ilford, IG1 2FT, a Leasehold flat which sold for £270,000 in Jul 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyacinth Close, Ilford, IG1 has a total of 79 addresses. According to our analysis of all the public data, Flat 23, Berberis Court, Ilford is the 23rd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in IG1.
Flat 23, Berberis Court, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 23, Berberis Court, Ilford is Barking station which is 800 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 23, Berberis Court, Ilford, 58.3% of property is privately rented and 24.4% is socially 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 23, Berberis Court, Ilford, 27.9% of residents are recorded as possessing school level qualifications and 42.1% 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 23, Berberis Court, Ilford, the average age was 31.9 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 23, Berberis Court, 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 23, Berberis Court, 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.