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According to the public record, 281B, Wanstead Park Road, Ilford is a period apartment with 527 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 281B, Wanstead Park Road, Ilford is £285,420 and the estimated rental value is £1,426 per month.
The apartment is within 281, Wanstead Park Road, Ilford, IG1.
Wanstead Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
281B, Wanstead Park Road, Ilford has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data 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 281B, Wanstead Park Road, Ilford is in very good condition we estimate a sale value of £299,691 and a rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,441 and a rental value of £1,326 per month.
Over the last 12 months the sale value of 281B Wanstead Park Road Ilford has decreased by an estimated £10,248 (3.6%) and its rental value has increased by an estimated £39 per month (2.7%), giving an expected gross yield of 6%.
281B, Wanstead Park Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 281B, Wanstead Park Road, Ilford within a radius of 520 metres over the last 2 years.
The most recent example is 99A, De Vere Gardens, Ilford, IG1 3EF, a leasehold flat which sold for £200,000 on the 16th August 2024.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wanstead Park Road, Ilford, IG1 has a total of 456 addresses. According to our analysis of all the public data, 281B, Wanstead Park Road, Ilford is the 433rd largest and the 386th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in IG1.
The closest station to 281B, Wanstead Park Road, Ilford is Ilford station which is 1.1 kilometres away.
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.
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 281B, Wanstead Park Road, Ilford, 45.0% of property is privately rented and 29.5% is privately owned with a mortgage.
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 281B, Wanstead Park Road, Ilford, 20.2% of residents are recorded as possessing school level qualifications and 39.3% 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 281B, Wanstead Park Road, Ilford, the average age was 37.5 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 281B, Wanstead Park Road, Ilford, 0.2% 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 281B, Wanstead Park Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.