59, Park Avenue
59, Park Avenue
Description & Estimates
According to the public record, 59, Park Avenue, Ilford is a mid-century leasehold apartment with 807 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 59, Park Avenue, Ilford is £322,947 and the estimated rental value is £1,724 per month.
Park Avenue, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Our Data Sources
59, Park Avenue, Ilford has 31 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated May 2014.
We combine this information with that 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
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 59, Park Avenue, Ilford is in very good condition we estimate a sale value of £339,095 and a rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,341 and a rental value of £1,603 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 59, Park Avenue, Ilford has fallen by £12,366 (3.8%), while its estimated rental value has moved up by £27 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
59, Park Avenue, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 59, Park Avenue, Ilford was last sold on 3rd October 2014 for £280,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2014, the market for similar properties has risen by 34.5%.
- Sold Oct 2014£280,000
- Sold Aug 2007£207,500
- Sold Oct 1997£68,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Park Avenue, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 2A, Valebrook 2, Park Avenue, Ilford, IG1 4RT, a leasehold flat which sold for £340,000 on the 28th March 2024.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Park Avenue, Ilford, IG1 has a total of 85 addresses. According to our analysis of all the public data, 59, Park Avenue, Ilford is the 46th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in IG1.
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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
The closest station to 59, Park Avenue, Ilford is Ilford station, which is 500 metres away.
- 500mIlford
- 1.4kmGants Hill
- 1.9kmSeven Kings
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
