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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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According to the public record, 8, Torbitt Way, Ilford is a modern leasehold apartment with 495 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 8, Torbitt Way, Ilford is £266,801 and the estimated rental value is £1,412 per month.
Torbitt Way, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
8, Torbitt Way, Ilford has 31 entries in the Land Registry , most recently in April 2013 and a single entry in the EPC database dated July 2012.
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.
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 8, Torbitt Way, Ilford is in very good condition we estimate a sale value of £280,141 and a rental value of £1,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,125 and a rental value of £1,313 per month.
Over the last 12 months the sale value of 8 Torbitt Way Ilford has decreased by an estimated £5,117 (1.9%) and its rental value has increased by an estimated £62 per month (4.4%), giving an expected gross yield of 6.4%.
8, Torbitt Way, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Torbitt Way, Ilford was last sold on 25th April 2013 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2013, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Torbitt Way, Ilford within a radius of 630 metres over the last 2 years.
The most recent example is 56, St. Peters Close, Ilford, IG2 7QN, a leasehold flat which sold for £170,000 on the 6th April 2023.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Torbitt Way, Ilford, IG2 has a total of 32 addresses. According to our analysis of all the public data, 8, Torbitt Way, Ilford is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in IG2.
The nearest school is William Torbitt Primary School which is 135 metres away. The nearest train station is Newbury Park which is 800 metres away.
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