According to the public record, Flat 4, Berica Court, Ilford is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Berica Court, Mossford Green, Barkingside, Ilford, IG6.
Mossford Green, Barkingside, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
Flat 4, Berica Court, Ilford has 31 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated March 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 4 Berica Court Ilford as £307,229 and the rental value as £1,581 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 4 Berica Court Ilford has increased by £6,301 (2.1%) and its rental value has increased by £46 per month (2.9%).
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 4, Berica Court, Ilford is in very good condition we estimate a sale value of £322,591 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,723 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £307,229, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,510 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 4, Berica Court, Ilford was last sold on 14 Jan 2022 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Berica Court, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is Flat 2, Berica Court, Mossford Green, Ilford, IG6 2PE, a Leasehold flat which sold for £305,000 in Jul 2021.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mossford Green, Barkingside, Ilford, IG6 has a total of 21 addresses. According to our analysis of all the public data, Flat 4, Berica Court, Ilford is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in IG6.
Flat 4, Berica Court, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 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 4, Berica Court, Ilford is Barkingside station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Berica Court, Ilford, 29.5% of property is privately rented and 23.7% 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 4, Berica Court, Ilford, 27.5% of residents are recorded as possessing school level qualifications and 35.1% 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 4, Berica Court, Ilford, the average age was 37.7 and the most common age was 37.
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, Berica 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 4, Berica Court, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.