According to the public record, Flat A, 307, Eastern Avenue, Ilford is a early-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 307, Eastern Avenue, Ilford, IG2.
Eastern Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat A, 307, Eastern Avenue, Ilford has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated October 2020.
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 A 307 Eastern Avenue Ilford as £302,049 and the rental value as £1,365 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat A 307 Eastern Avenue Ilford has increased by £1,507 (0.5%) and its rental value has increased by £32 per month (2.4%).
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 A, 307, Eastern Avenue, Ilford is in very good condition we estimate a sale value of £317,151 and rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,906 and a rental value of £1,270 per month.
If you were able to purchase this property for the estimated value of £302,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,484 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 A, 307, Eastern Avenue, Ilford was last sold on 01 Dec 2014 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 307, Eastern Avenue, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 46, Beehive Court, Beehive Lane, Ilford, IG1 3RR, a Leasehold flat which sold for £260,000 in Sep 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Avenue, Ilford, IG2 has a total of 951 addresses. According to our analysis of all the public data, Flat A, 307, Eastern Avenue, Ilford is the 712th largest and the 457th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in IG2.
Flat A, 307, Eastern Avenue, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Oct 2020.
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 A, 307, Eastern Avenue, Ilford is Gants Hill 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 A, 307, Eastern Avenue, Ilford, 48.2% of property is privately rented and 26.8% 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 A, 307, Eastern Avenue, Ilford, 22.2% of residents are recorded as possessing school level qualifications and 45.9% 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 A, 307, Eastern Avenue, Ilford, the average age was 40 and the most common age was 42.
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 A, 307, Eastern Avenue, 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 A, 307, Eastern Avenue, 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.