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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Borrowdale Close, Ilford is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Borrowdale Close, Ilford is £223,361 and the estimated rental value is £1,174 per month.
Borrowdale Close, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
1, Borrowdale Close, Ilford has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Borrowdale Close, Ilford is in very good condition we estimate a sale value of £234,529 and a rental value of £1,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,725 and a rental value of £1,092 per month.
Over the last 12 months the sale value of 1 Borrowdale Close Ilford has decreased by an estimated £976 (0.4%) and its rental value has increased by an estimated £48 per month (4.1%), giving an expected gross yield of 6.3%.
1, Borrowdale Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Borrowdale Close, Ilford was last sold on 3rd June 2016 for £187,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Borrowdale Close, Ilford within a radius of 610 metres over the last 2 years.
The most recent example is 16, Borrowdale Close, Ilford, IG4 5LS, a leasehold flat which sold for £210,000 on the 2nd February 2023.
Read more about house prices in IG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borrowdale Close, Ilford, IG4 has a total of 24 addresses. According to our analysis of all the public data, 1, Borrowdale Close, Ilford is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £335k less expensive than the average property in IG4.
The nearest school is Beal High School which is 154 metres away. The nearest train station is Redbridge which is 1.0 kilometres away.
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