According to the public record, Flat 7, 43, Clarence Avenue, Ilford is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 43, Clarence Avenue, Ilford, IG2.
Clarence Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 7, 43, Clarence Avenue, Ilford has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated September 2015.
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 7 43 Clarence Avenue Ilford as £370,044 and the rental value as £1,622 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 7 43 Clarence Avenue Ilford has decreased by £4,196 (1.1%) and its rental value has increased by £26 per month (1.6%).
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 7, 43, Clarence Avenue, Ilford is in very good condition we estimate a sale value of £388,547 and rental value of £1,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,141 and a rental value of £1,509 per month.
If you were able to purchase this property for the estimated value of £370,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,819 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 7, 43, Clarence Avenue, Ilford was last sold on 25 Sep 2015 for £334,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 43, Clarence Avenue, Ilford within a radius of 350 metres over the last 2 years.
The most recent example is Flat 15, 51, Clarence Avenue, Ilford, IG2 6FD, a Leasehold flat which sold for £348,000 in Mar 2024.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Avenue, Ilford, IG2 has a total of 135 addresses. According to our analysis of all the public data, Flat 7, 43, Clarence Avenue, Ilford is the 51st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in IG2.
Flat 7, 43, Clarence Avenue, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, 43, Clarence Avenue, Ilford is Gants Hill station which is 200 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 7, 43, Clarence Avenue, Ilford, 33.7% of property is privately owned with a mortgage and 33.7% is privately 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 7, 43, Clarence Avenue, Ilford, 29.8% of residents are recorded as possessing school level qualifications and 45.8% 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 7, 43, Clarence Avenue, 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 7, 43, Clarence Avenue, 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 7, 43, Clarence Avenue, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.