According to the public record, Flat 4, Carlton House 501-535, Ilford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Carlton House, High Road, Ilford, IG1.
High Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 4, Carlton House 501-535, Ilford has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated May 2018.
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 Carlton House 501-535 Ilford as £257,035 and the rental value as £1,563 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 4 Carlton House 501-535 Ilford has decreased by £3,452 (1.3%) and its rental value has increased by £28 per month (1.8%).
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, Carlton House 501-535, Ilford is in very good condition we estimate a sale value of £269,887 and rental value of £1,641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,043 and a rental value of £1,453 per month.
If you were able to purchase this property for the estimated value of £257,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,263 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, Carlton House 501-535, Ilford was last sold on 10 Sep 2019 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Carlton House 501-535, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 3, Carlton House 501-535, High Road, Ilford, IG1 1TZ, a Leasehold flat which sold for £245,000 in Nov 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Ilford, IG1 has a total of 798 addresses. According to our analysis of all the public data, Flat 4, Carlton House 501-535, Ilford is the 264th largest and the 357th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in IG1.
Flat 4, Carlton House 501-535, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Flat 4, Carlton House 501-535, Ilford is Seven Kings station which is 600 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, Carlton House 501-535, Ilford, 36.1% of property is privately rented and 30.1% 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, Carlton House 501-535, Ilford, 31.5% of residents are recorded as possessing school level qualifications and 34.9% 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, Carlton House 501-535, 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, Carlton House 501-535, Ilford, 1.0% 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, Carlton House 501-535, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.