According to the public record, Flat 4, 221, Cranbrook Road, Ilford is a modern apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 221, Cranbrook Road, Ilford, IG1.
Cranbrook Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 4, 221, Cranbrook Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for Flat 4 221 Cranbrook Road Ilford as £269,082 and the rental value as £1,236 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 4 221 Cranbrook Road Ilford has increased by £1,731 (0.6%) and its rental value has increased by £41 per month (3.3%).
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 4, 221, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £282,536 and rental value of £1,297 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,246 and a rental value of £1,149 per month.
If you were able to purchase this property for the estimated value of £269,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,322 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 1 sale of a property similar to Flat 4, 221, Cranbrook Road, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 2, Wycliffe House 245-247, Cranbrook Road, Ilford, IG1 4TD, a Leasehold flat which sold for £299,950 in Feb 2018.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Road, Ilford, IG1 has a total of 328 addresses. According to our analysis of all the public data, Flat 4, 221, Cranbrook Road, Ilford is the 284th largest and the 228th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in IG1.
Flat 4, 221, Cranbrook Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 4, 221, Cranbrook Road, Ilford is Ilford station which is 500 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 4, 221, Cranbrook Road, Ilford, 67.3% of property is privately rented and 15.3% is privately owned with a mortgage.
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 4, 221, Cranbrook Road, Ilford, 20.2% of residents are recorded as possessing school level qualifications and 42.7% 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 4, 221, Cranbrook Road, 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 4, 221, Cranbrook Road, 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 4, 221, Cranbrook Road, 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.