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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, 2A, Valebrook 2, Ilford is a mid-century leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Valebrook 2, Ilford is £285,389 and the estimated rental value is £1,807 per month.
The apartment is within Valebrook, Park Avenue, Ilford, IG1.
Park Avenue, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
2A, Valebrook 2, Ilford has 31 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2A, Valebrook 2, Ilford is in very good condition we estimate a sale value of £299,659 and a rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,412 and a rental value of £1,680 per month.
Over the last 12 months the sale value of 2A Valebrook 2 Ilford has decreased by an estimated £10,928 (3.8%) and its rental value has increased by an estimated £28 per month (1.6%), giving an expected gross yield of 7.6%.
2A, Valebrook 2, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2023.
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, 2A, Valebrook 2, Ilford was last sold on 28th March 2024 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2024, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Valebrook 2, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 7D, Valebrook 2, Park Avenue, Ilford, IG1 4RT, a leasehold flat which sold for £191,000 on the 14th December 2023.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Ilford, IG1 has a total of 85 addresses. According to our analysis of all the public data, 2A, Valebrook 2, Ilford is the 29th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in IG1.
The closest station to 2A, Valebrook 2, Ilford is Ilford station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2A, Valebrook 2, Ilford, 59.8% of property is privately rented and 18.7% 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 2A, Valebrook 2, Ilford, 25.5% of residents are recorded as possessing school level qualifications and 52.2% 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 2A, Valebrook 2, 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 2A, Valebrook 2, Ilford, 1.6% 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 2A, Valebrook 2, 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.
