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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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61, Stanhope Gardens, Ilford is recorded publicly as a period leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 61, Stanhope Gardens, Ilford is £306,486 and its rental estimate is £1,498 per month, given the available information and assuming reasonable condition.
61, Stanhope Gardens is a residential building on Stanhope Gardens, Ilford, IG1 and falls within the IG1 postal district and the borough of Redbridge.
61, Stanhope Gardens, Ilford has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated April 2022.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 61, Stanhope Gardens, Ilford, we estimate a market value of £321,810 and a rental value of £1,573 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £285,032 and £1,393 per month respectively.
Over the last year, 61, Stanhope Gardens, Ilford has seen its estimated sale value decrease by £12,325 (4.0%) and its estimated rental value grow by £23 per month (1.5%). This results in an estimated gross rental yield of 5.9%.
61, Stanhope Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 61, Stanhope Gardens, Ilford completed on 5th August 2022 at £317,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 12.8% over the period since August 2022.
Over the past 2 years 3 properties similar to 61, Stanhope Gardens, Ilford have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd June 2024, was 20A, Sackville Gardens, Ilford, IG1 3LH, a leasehold flat which sold for £340,000.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 90 addresses on Stanhope Gardens, Ilford, IG1, 61, Stanhope Gardens, Ilford comes out as the 84th largest and the 82nd most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the IG1 district.
From 61, Stanhope Gardens, Ilford, the nearest station is Ilford, 1.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Stanhope Gardens, Ilford, 37.0% of property is privately rented and 30.4% is privately owned with a mortgage.
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 61, Stanhope Gardens, Ilford, 28.1% of residents are recorded as possessing school level qualifications and 47.1% 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 61, Stanhope Gardens, Ilford, the average age was 37.5 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 61, Stanhope Gardens, Ilford, 0.0% 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 61, Stanhope Gardens, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
