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204, Ley Street, Ilford is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 204, Ley Street, Ilford is £220,649 and its rental estimate is £1,132 per month, given the available information and assuming reasonable condition.
204, Ley Street is a residential building on Ley Street, Ilford, IG1 and falls within the IG1 postal district and the borough of Redbridge.
204, Ley Street, Ilford has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated April 2017.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 204, Ley Street, Ilford, we estimate a market value of £231,681 and a rental value of £1,188 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,204 and £1,052 per month respectively.
Over the last year, 204, Ley Street, Ilford has seen its estimated sale value decrease by £5,415 (2.5%) and its estimated rental value grow by £34 per month (3.0%). This results in an estimated gross rental yield of 6.2%.
204, Ley Street, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 204, Ley Street, Ilford completed on 3rd August 2017 at £220,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.5% over the period since August 2017.
Over the past 2 years 3 properties similar to 204, Ley Street, Ilford have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2019, was 212, Ley Street, Ilford, IG1 4BW, a leasehold flat which sold for £193,000.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 442 addresses on Ley Street, Ilford, IG1, 204, Ley Street, Ilford comes out as the 389th largest and the 335th most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the IG1 district.
From 204, Ley Street, Ilford, the nearest station is Ilford, 700 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 204, Ley Street, Ilford, 48.6% of property is privately rented and 23.6% is privately owned outright.
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 204, Ley Street, Ilford, 27.2% of residents are recorded as possessing school level qualifications and 38.3% 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 204, Ley Street, Ilford, the average age was 35 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 204, Ley Street, 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 204, Ley Street, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.