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According to the public record, 30, Margaret Way, Ilford is a mid-century leasehold apartment with 592 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 30, Margaret Way, Ilford is £288,200 and the estimated rental value is £1,417 per month.
Margaret Way, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
30, Margaret Way, Ilford has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated December 2021.
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 30, Margaret Way, Ilford is in very good condition we estimate a sale value of £302,610 and a rental value of £1,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,026 and a rental value of £1,318 per month.
Over the last 12 months the sale value of 30 Margaret Way Ilford has decreased by an estimated £2,875 (1.0%) and its rental value has increased by an estimated £54 per month (3.8%), giving an expected gross yield of 5.9%.
30, Margaret Way, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 30, Margaret Way, Ilford was last sold on 10th June 2022 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 30, Margaret Way, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 57, Margaret Way, Ilford, IG4 5DE, a leasehold flat which sold for £325,000 on the 3rd December 2024.
Read more about house prices in IG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Margaret Way, Ilford, IG4 has a total of 62 addresses. According to our analysis of all the public data, 30, Margaret Way, Ilford is the 58th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in IG4.
The nearest school is Redbridge Primary School which is 500 metres away. The nearest train station is Redbridge which is 300 metres away.
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