According to the public record, Flat A, 48, Belgrave Road, Ilford is a period leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 48, Belgrave Road, Ilford, IG1.
Belgrave Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat A, 48, Belgrave Road, Ilford has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated November 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 A 48 Belgrave Road Ilford as £245,993 and the rental value as £1,456 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat A 48 Belgrave Road Ilford has increased by £2,824 (1.1%) and its rental value has increased by £57 per month (3.9%).
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 A, 48, Belgrave Road, Ilford is in very good condition we estimate a sale value of £258,293 and rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,773 and a rental value of £1,354 per month.
If you were able to purchase this property for the estimated value of £245,993, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,209 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, 48, Belgrave Road, Ilford was last sold on 30 Mar 2007 for £490,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 59.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 48, Belgrave Road, Ilford within a radius of 350 metres over the last 2 years.
The most recent example is 30B, Northbrook Road, Ilford, IG1 3BS, a Leasehold flat which sold for £265,000 in Mar 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belgrave Road, Ilford, IG1 has a total of 259 addresses. According to our analysis of all the public data, Flat A, 48, Belgrave Road, Ilford is the 170th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in IG1.
Flat A, 48, Belgrave Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2015.
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, 48, Belgrave Road, Ilford is Ilford station which is 400 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, 48, Belgrave Road, Ilford, 68.0% of property is privately rented and 13.3% 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 A, 48, Belgrave Road, Ilford, 21.1% of residents are recorded as possessing school level qualifications and 48.6% 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, 48, Belgrave Road, 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 A, 48, Belgrave Road, 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 A, 48, Belgrave Road, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.