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According to the public record, Flat 1, 105, Cranley Drive, Ilford is a early-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 105, Cranley Drive, Ilford is £408,974 and the estimated rental value is £2,057 per month.
The apartment is within 105, Cranley Drive, Ilford, IG2.
Cranley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 1, 105, Cranley Drive, Ilford has a single entry in the Land Registry from March 2012 and a single entry in the EPC database dated June 2024.
We combine this information with that 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 Flat 1, 105, Cranley Drive, Ilford is in very good condition we estimate a sale value of £429,423 and a rental value of £2,160 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,346 and a rental value of £1,913 per month.
Over the last 12 months the sale value of Flat 1 105 Cranley Drive Ilford has decreased by an estimated £11,359 (2.8%) and its rental value has increased by an estimated £38 per month (1.8%), giving an expected gross yield of 6%.
Flat 1, 105, Cranley Drive, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2024.
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, Flat 1, 105, Cranley Drive, Ilford was last sold on 27th March 2012 for £248,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 105, Cranley Drive, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 744, Eastern Avenue, Ilford, IG2 7HU, a leasehold flat which sold for £242,000 on the 5th November 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranley Drive, Ilford, IG2 has a total of 127 addresses. According to our analysis of all the public data, Flat 1, 105, Cranley Drive, Ilford is the 125th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in IG2.
The nearest school is Newbury Park Primary School which is 382 metres away. The nearest train station is Newbury Park which is 600 metres away.
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