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According to the public record, 62, Branch Road, Ilford is a mid-century leasehold apartment with 624 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 62, Branch Road, Ilford is £202,677 and the estimated rental value is £1,261 per month.
Branch Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
62, Branch Road, Ilford has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated March 2021.
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 62, Branch Road, Ilford is in very good condition we estimate a sale value of £212,811 and a rental value of £1,324 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,490 and a rental value of £1,173 per month.
Over the last 12 months the sale value of 62 Branch Road Ilford has decreased by an estimated £3,807 (1.9%) and its rental value has increased by an estimated £41 per month (3.2%), giving an expected gross yield of 7.5%.
62, Branch Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2021.
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, 62, Branch Road, Ilford was last sold on 14th May 2021 for £182,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Branch Road, Ilford within a radius of 590 metres over the last 2 years.
The most recent example is 18, Merlin Close, Ilford, IG6 3XL, a leasehold flat which sold for £211,000 on the 23rd October 2024.
Read more about house prices in IG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Branch Road, Ilford, IG6 has a total of 56 addresses. According to our analysis of all the public data, 62, Branch Road, Ilford is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £259k less expensive than the average property in IG6.
The closest station to 62, Branch Road, Ilford is Grange Hill station which is 1.9 kilometres away.
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.
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 62, Branch Road, Ilford, 44.3% of property is privately owned with a mortgage and 24.5% is socially rented.
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 62, Branch Road, Ilford, 24.9% of residents are recorded as possessing school level qualifications and 41.5% 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 62, Branch Road, Ilford, the average age was 35.7 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 62, Branch Road, 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 62, Branch Road, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.