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According to the public record, 242A, Mortlake Road, Ilford is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 242A, Mortlake Road, Ilford is £231,490 and the estimated rental value is £1,514 per month.
The apartment is within 242, Mortlake Road, Ilford, IG1.
Mortlake Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
242A, Mortlake Road, Ilford has 2 entries in the Land Registry , most recently in May 2022 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 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 242A, Mortlake Road, Ilford is in very good condition we estimate a sale value of £243,065 and a rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,286 and a rental value of £1,408 per month.
Over the past 12 months, the estimated sale value of 242A, Mortlake Road, Ilford has fallen by £9,309 (4.0%), while its estimated rental value has moved up by £23 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 7.8%.
242A, Mortlake Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 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, 242A, Mortlake Road, Ilford was last sold on 19th May 2022 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen by 6.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242A, Mortlake Road, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 46, Harman Rise, Ilford, IG3 9FE, a leasehold flat which sold for £260,000 on the 8th February 2024.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortlake Road, Ilford, IG1 has a total of 394 addresses. According to our analysis of all the public data, 242A, Mortlake Road, Ilford is the 368th largest and the 372nd most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in IG1.
The closest station to 242A, Mortlake Road, Ilford is Ilford station, which is 1.4 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 242A, Mortlake Road, Ilford, % of property is and % is .
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 242A, Mortlake Road, Ilford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 242A, Mortlake 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 242A, Mortlake Road, Ilford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
