According to the public record, Flat 4, Choice View, Ilford is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Choice View, Centreway Apartments, Ilford, IG1.
Centreway Apartments, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 4, Choice View, Ilford has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated February 2022.
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 Choice View Ilford as £170,335 and the rental value as £1,074 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 4 Choice View Ilford has decreased by £1,481 (0.9%) and its rental value has increased by £21 per month (2.0%).
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, Choice View, Ilford is in very good condition we estimate a sale value of £178,852 and rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,411 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £170,335, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £837 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, Choice View, Ilford was last sold on 10 Nov 2017 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Choice View, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 28B, Richmond Road, Ilford, IG1 1JF, a Leasehold flat which sold for £180,000 in Apr 2024.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Centreway Apartments, Ilford, IG1 has a total of 239 addresses. According to our analysis of all the public data, Flat 4, Choice View, Ilford is the 229th largest and the 237th most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in IG1.
Flat 4, Choice View, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Choice View, 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, Choice View, Ilford, 71.8% of property is privately rented and 12.3% 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 4, Choice View, Ilford, 26.6% of residents are recorded as possessing school level qualifications and 35.8% 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, Choice View, 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, Choice View, 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 4, Choice View, Ilford, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.