45, Park Avenue
45, Park Avenue
Description & Estimates
The public record describes 45, Park Avenue, Ilford as a mid-century apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
45, Park Avenue, Ilford has an estimated sale value of £311,796 and an estimated rental value of £1,628 per month, assuming reasonable condition and based on the information available.
Park Avenue, Ilford, IG1 lies in the borough of Redbridge, within the IG1 postal district.
Our Data Sources
45, Park Avenue, Ilford has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 45, Park Avenue, Ilford would be worth £327,385, with a potential rental value of £1,709 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £289,970, with a rental value of £1,514 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 45, Park Avenue, Ilford has decreased by £11,195 (3.6%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (2.7%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
45, Park Avenue, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
45, Park Avenue, Ilford last changed hands on 12th September 2002, selling for £150,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Sep 2002£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 45, Park Avenue, Ilford across the last 2 years.
Most recently, 2A, Valebrook 2, Park Avenue, Ilford, IG1 4RT, a leasehold flat, sold at £340,000 on the 28th March 2024.
Read more about house prices in IG1.
- Sold Mar 2024£340,000 | 3 Bed FlatValebrook 2, Park Avenue2A, Valebrook 2, Park Avenue, Ilford, IG1 4RT
- Sold Aug 2021£297,000 | 2 Bed FlatGreenway Court 1, Valentines Road1, Greenway Court 1, Valentines Road, Ilford, IG1 4RZ
- Sold Oct 2019£316,000 | 3 Bed FlatValebrook 2, Park Avenue4B, Valebrook 2, Park Avenue, Ilford, IG1 4RT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 45, Park Avenue, Ilford as the 53rd largest and the 29th most expensive of the 85 addresses on Park Avenue, Ilford, IG1.
Against the IG1 postcode district average, it is £109k less expensive than the typical property.
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Schools Nearby
- 600mChristchurch Primary School
- 1.0kmHighlands Primary School
- 1.0kmWinston Way Academy
- 200mThe Ursuline Academy Ilford
- 1.1kmValentines High School
- 1.8kmThe Palmer Catholic Academy
More reading links
Public Transport Nearby
Ilford station is the nearest stop to 45, Park Avenue, Ilford at 500 metres away.
- 500mIlford
- 1.4kmGants Hill
- 1.9kmSeven Kings
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
