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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 339, Cranbrook Road, Ilford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 763 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 339, Cranbrook Road, Ilford is £396,739 and the estimated rental value is £1,853 per month.
Cranbrook Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
339, Cranbrook Road, Ilford has 31 entries in the Land Registry , most recently in August 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 339, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £416,576 and a rental value of £1,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,967 and a rental value of £1,724 per month.
Over the last 12 months the sale value of 339 Cranbrook Road Ilford has decreased by an estimated £15,609 (3.9%) and its rental value has increased by an estimated £39 per month (2.1%), giving an expected gross yield of 5.6%.
According to HM Land Registry, 339, Cranbrook Road, Ilford was last sold on 27th August 2015 for £295,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2015, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 339, Cranbrook Road, Ilford within a radius of 500 metres over the last 2 years.
The most recent example is 10, Ranelagh Gardens, Ilford, IG1 3JR, a leasehold flat which sold for £350,000 on the 15th June 2023.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Road, Ilford, IG1 has a total of 364 addresses. According to our analysis of all the public data, 339, Cranbrook Road, Ilford is the 123rd largest and the 99th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in IG1.
The closest station to 339, Cranbrook Road, Ilford is Gants Hill station which is 1.0 kilometres away.
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 339, Cranbrook Road, Ilford, 66.1% of property is privately rented and 19.0% 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 339, Cranbrook Road, Ilford, 19.3% of residents are recorded as possessing school level qualifications and 51.5% 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 339, Cranbrook Road, Ilford, the average age was 33.7 and the most common age was 32.
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 339, Cranbrook Road, Ilford, 1.5% 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 339, Cranbrook Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
