According to the public record, Flat 44, Arodene House 41-55, Ilford is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Arodene House, Perth Road, Ilford, IG2.
Perth Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 44, Arodene House 41-55, Ilford has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated June 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 44 Arodene House 41-55 Ilford as £226,324 and the rental value as £1,135 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 44 Arodene House 41-55 Ilford has decreased by £282 (0.1%) and its rental value has increased by £22 per month (1.9%).
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 44, Arodene House 41-55, Ilford is in very good condition we estimate a sale value of £237,640 and rental value of £1,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,481 and a rental value of £1,055 per month.
If you were able to purchase this property for the estimated value of £226,324, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,112 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 44, Arodene House 41-55, Ilford was last sold on 02 Nov 2018 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 44, Arodene House 41-55, Ilford within a radius of 370 metres over the last 2 years.
The most recent example is Flat 21, Arodene House 41-55, Perth Road, Ilford, IG2 6FL, a Leasehold flat which sold for £197,000 in Jun 2024.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Perth Road, Ilford, IG2 has a total of 742 addresses. According to our analysis of all the public data, Flat 44, Arodene House 41-55, Ilford is the 451st largest and the 444th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in IG2.
Flat 44, Arodene House 41-55, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 44, Arodene House 41-55, Ilford is Gants Hill station which is 100 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 44, Arodene House 41-55, Ilford, 70.4% of property is privately rented and 16.3% 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 44, Arodene House 41-55, Ilford, 18.7% of residents are recorded as possessing school level qualifications and 54.9% 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 44, Arodene House 41-55, Ilford, the average age was 37.5 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 44, Arodene House 41-55, 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 44, Arodene House 41-55, Ilford, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.