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According to the public record, 481, Ley Street, Ilford is a modern leasehold apartment with 484 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 481, Ley Street, Ilford is £391,688 and the estimated rental value is £2,083 per month.
The apartment is within 481, Ley Street, Ilford, IG2.
Ley Street, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
481, Ley Street, Ilford has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property 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 481, Ley Street, Ilford is in very good condition we estimate a sale value of £411,272 and a rental value of £2,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,270 and a rental value of £1,937 per month.
Over the last 12 months the sale value of 481 Ley Street Ilford has decreased by an estimated £12,335 (3.1%) and its rental value has increased by an estimated £62 per month (3.0%), giving an expected gross yield of 6.4%.
481, Ley Street, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2015.
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, 481, Ley Street, Ilford was last sold on 17th October 2014 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 481, Ley Street, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 467A , Ley Street, Ilford, IG2 7QX, a leasehold flat which sold for £140,000 on the 17th August 2007.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ley Street, Ilford, IG2 has a total of 249 addresses. According to our analysis of all the public data, 481, Ley Street, Ilford is the 135th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in IG2.
The nearest school is St Aidan's Catholic Primary Academy which is 400 metres away. The nearest train station is Seven Kings which is 1.0 kilometres away.
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