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According to the public record, 159, Express Drive, Ilford is a modern leasehold apartment with 484 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 159, Express Drive, Ilford is £224,603 and the estimated rental value is £1,486 per month.
Express Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
159, Express Drive, Ilford has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 159, Express Drive, Ilford is in very good condition we estimate a sale value of £235,833 and a rental value of £1,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,881 and a rental value of £1,382 per month.
Over the last 12 months the sale value of 159 Express Drive Ilford has decreased by an estimated £89 (0.0%) and its rental value has increased by an estimated £41 per month (2.8%), giving an expected gross yield of 7.9%.
159, Express Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 159, Express Drive, Ilford was last sold on 5th November 2021 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Express Drive, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 201, Express Drive, Ilford, IG3 9RD, a leasehold flat which sold for £155,000 on the 26th July 2024.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Express Drive, Ilford, IG3 has a total of 231 addresses. According to our analysis of all the public data, 159, Express Drive, Ilford is the 139th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in IG3.
The closest station to 159, Express Drive, Ilford is Goodmayes station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 159, Express Drive, Ilford, 69.9% of property is privately rented and 12.6% 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 159, Express Drive, Ilford, 18.3% of residents are recorded as possessing school level qualifications and 50.6% 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 159, Express Drive, Ilford, the average age was 34.2 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 159, Express Drive, 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 159, Express Drive, Ilford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.