According to the public record, Flat 7, Catherine Court 30, Ilford is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Catherine Court, Springfield Drive, Ilford, IG2.
Springfield Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 7, Catherine Court 30, Ilford has a single entry in the Land Registry database from June 2009 and a single entry in the EPC database dated April 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 7 Catherine Court 30 Ilford as £210,789 and the rental value as £1,048 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 7 Catherine Court 30 Ilford has decreased by £370 (0.2%) and its rental value has increased by £22 per month (2.1%).
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, Catherine Court 30, Ilford is in very good condition we estimate a sale value of £221,329 and rental value of £1,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,034 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £210,789, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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, Catherine Court 30, Ilford was last sold on 02 Jun 2009 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2009, the market for similar properties has risen 78.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Catherine Court 30, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 14, Catherine Court 30, Springfield Drive, Ilford, IG2 6RH, a Leasehold flat which sold for £230,000 in Jul 2019.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Ilford, IG2 has a total of 176 addresses. According to our analysis of all the public data, Flat 7, Catherine Court 30, Ilford is the 175th largest and the 175th most expensive property on the street.
When compared to the postcode district it is £262k less expensive than the average property in IG2.
Flat 7, Catherine Court 30, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 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 7, Catherine Court 30, Ilford is Newbury Park 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 7, Catherine Court 30, Ilford, 37.2% of property is privately rented and 25.6% 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 7, Catherine Court 30, Ilford, 21.8% of residents are recorded as possessing school level qualifications and 32.3% 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, Catherine Court 30, Ilford, the average age was 36.6 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 7, Catherine Court 30, 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, Catherine Court 30, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.