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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 751B, Eastern Avenue, Ilford is £181,365 and the estimated rental value is £1,170 per month.
The apartment is within 751, Eastern Avenue, Ilford, IG2.
Eastern Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
751B, Eastern Avenue, Ilford has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
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 751B, Eastern Avenue, Ilford is in very good condition we estimate a sale value of £190,433 and a rental value of £1,228 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,669 and a rental value of £1,088 per month.
Over the last 12 months the sale value of 751B Eastern Avenue Ilford has decreased by an estimated £1,186 (0.7%) and its rental value has increased by an estimated £56 per month (4.8%), giving an expected gross yield of 7.7%.
751B, Eastern Avenue, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 751B, Eastern Avenue, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 737C, Eastern Avenue, Ilford, IG2 7RT, a leasehold flat which sold for £180,000 on the 29th June 2018.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Avenue, Ilford, IG2 has a total of 951 addresses. According to our analysis of all the public data, 751B, Eastern Avenue, Ilford is the 845th largest and the 932nd most expensive property on the street.
When compared to the postcode district it is £291k less expensive than the average property in IG2.
The nearest school is Oaks Park High School which is 334 metres away. The nearest train station is Newbury Park which is 300 metres away.
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