Flat 1, 240
Flat 1, 240
Description & Estimates
Flat 1, 240, Ley Street, Ilford is recorded publicly as a period leasehold apartment across 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 240, Ley Street, Ilford is £343,243 and its rental estimate is £1,719 per month, given the available information and assuming reasonable condition.
240, Ley Street is a residential building on Ley Street, Ilford, IG1 and falls within the IG1 postal district and the borough of Redbridge.
Our Data Sources
Flat 1, 240, Ley Street, Ilford has 21 entries in the Land Registry , most recently in March 2014 and a single entry in the EPC database dated September 2017.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 240, Ley Street, Ilford, we estimate a market value of £360,405 and a rental value of £1,805 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,216 and £1,599 per month respectively.
Recent Market Change
Over the last year, Flat 1, 240, Ley Street, Ilford has seen its estimated sale value decline by £12,294 (3.6%) and its estimated rental value climb by £33 per month (1.9%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 1, 240, Ley Street, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 240, Ley Street, Ilford completed on 3rd March 2014 at £225,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 69.2% over the period since March 2014.
- Sold Mar 2014£225,000
- Sold Jun 2006£220,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 410 metres of Flat 1, 240, Ley Street, Ilford, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2025, was Flat 1, Mallard Court 226, Ley Street, Ilford, IG1 4BP, a leasehold flat which sold for £155,000.
Read more about house prices in IG1.
- Sold Jun 2025£155,000 | 1 Bed FlatMallard Court 226, Ley StreetFlat 1, Mallard Court 226, Ley Street, Ilford, IG1 4BP
- Sold Feb 2015£151,000 | 1 Bed FlatMallard Court 226, Ley StreetFlat 5, Mallard Court 226, Ley Street, Ilford, IG1 4BP
- Sold Apr 2011£230,000 | 3 Bed HouseLey Street248, Ley Street, Ilford, IG1 4BP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 442 addresses on Ley Street, Ilford, IG1, Flat 1, 240, Ley Street, Ilford comes out as the 417th largest and the 172nd most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the IG1 district.
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Schools Nearby
- 300mChristchurch Primary School
- 400mWinston Way Academy
- 700mSS Peter and Paul's Catholic Primary School
- 800mThe Ursuline Academy Ilford
- 1.0kmThe Palmer Catholic Academy
- 1.6kmValentines High School
More reading links
Public Transport Nearby
From Flat 1, 240, Ley Street, Ilford, the nearest station is Ilford, 800 metres away.
- 800mIlford
- 1.1kmSeven Kings
- 1.6kmNewbury Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
