78A, Wellesley Road
78A, Wellesley Road
Description & Estimates
According to the public record, 78A, Wellesley Road, Ilford is a period leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 78A, Wellesley Road, Ilford is £304,219 and the estimated rental value is £1,804 per month.
The apartment is within 78, Wellesley Road, Ilford, IG1.
Wellesley Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Our Data Sources
78A, Wellesley Road, Ilford has 31 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 78A, Wellesley Road, Ilford is in very good condition we estimate a sale value of £319,430 and a rental value of £1,894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,924 and a rental value of £1,678 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 78A, Wellesley Road, Ilford has dropped by £11,649 (3.8%), while its estimated rental value has risen by £28 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
78A, Wellesley Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 78A, Wellesley Road, Ilford was last sold on 18th August 2021 for £296,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2021, the market for similar properties has dropped by 5.0%.
- Sold Aug 2021£296,000
- Sold Aug 1997£58,500
- Sold Aug 1997£58,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78A, Wellesley Road, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is Flat B, 80, Balfour Road, Ilford, IG1 4JG, a leasehold flat which sold for £350,000 on the 19th December 2024.
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
Wellesley Road, Ilford, IG1 has a total of 269 addresses. According to our analysis of all the public data, 78A, Wellesley Road, Ilford is the 141st largest and the 160th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in IG1.
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Schools Nearby
- 300mChristchurch Primary School
- 700mWinston Way Academy
- 900mCleveland Road Primary School
- 300mThe Ursuline Academy Ilford
- 1.3kmValentines High School
- 1.5kmThe Palmer Catholic Academy
More reading links
Public Transport Nearby
The closest station to 78A, Wellesley Road, Ilford is Ilford station, which is 400 metres away.
- 400mIlford
- 1.6kmGants Hill
- 1.6kmSeven Kings
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
