According to the public record, Flat 9, Swale House 563, Ilford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Swale House, High Road, Ilford, IG1.
High Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 9, Swale House 563, Ilford has 3 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated June 2023.
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 9 Swale House 563 Ilford as £282,693 and the rental value as £1,512 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 9 Swale House 563 Ilford has increased by £1,394 (0.5%) and its rental value has increased by £56 per month (3.7%).
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 9, Swale House 563, Ilford is in very good condition we estimate a sale value of £296,828 and rental value of £1,588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,905 and a rental value of £1,406 per month.
If you were able to purchase this property for the estimated value of £282,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,389 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 9, Swale House 563, Ilford was last sold on 20 May 2016 for £291,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2016, 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 9, Swale House 563, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 15, Piper Way, Ilford, IG1 4DA, a Leasehold flat which sold for £257,500 in Mar 2024.
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 9, Swale House 563, Ilford is the 256th largest and the 255th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in IG1.
Flat 9, Swale House 563, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2023.
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 9, Swale House 563, Ilford is Seven Kings station which is 300 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 9, Swale House 563, 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 9, Swale House 563, 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 9, Swale House 563, 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 9, Swale House 563, 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 9, Swale House 563, 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.