214A, Ley Street
214A, Ley Street
Description & Estimates
214A, Ley Street, Ilford is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 214A, Ley Street, Ilford is £220,649 and its rental estimate is £1,132 per month, given the available information and assuming reasonable condition.
214, Ley Street is a residential building on Ley Street, Ilford, IG1 and falls within the IG1 postal district and the borough of Redbridge.
Our Data Sources
214A, Ley Street, Ilford has 31 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated February 2023.
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
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 214A, Ley Street, Ilford, we estimate a market value of £231,681 and a rental value of £1,188 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,204 and £1,052 per month respectively.
Recent Market Change
Over the last year, 214A, Ley Street, Ilford has seen its estimated sale value drop by £5,415 (2.5%) and its estimated rental value rise by £34 per month (3.0%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
214A, Ley Street, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 214A, Ley Street, Ilford completed on 13th October 2017 at £215,000 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 13.8% over the period since October 2017.
- Sold Oct 2017£215,000
- Sold Feb 2016£195,000
- Sold May 1995£32,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 214A, Ley Street, Ilford have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2019, was 212, Ley Street, Ilford, IG1 4BW, a leasehold flat which sold for £193,000.
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
Of the 442 addresses on Ley Street, Ilford, IG1, 214A, Ley Street, Ilford comes out as the 386th largest and the 332nd most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the IG1 district.
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Schools Nearby
- 200mChristchurch Primary School
- 400mWinston Way Academy
- 700mSS Peter and Paul's Catholic Primary School
- 700mThe Ursuline Academy Ilford
- 1.1kmThe Palmer Catholic Academy
- 1.6kmValentines High School
More reading links
Public Transport Nearby
From 214A, Ley Street, Ilford, the nearest station is Ilford, 700 metres away.
- 700mIlford
- 1.2kmSeven Kings
- 1.7kmNewbury Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
