Flat 1, 31
Flat 1, 31
Description & Estimates
The public record describes Flat 1, 31, Park Avenue, Ilford as a period apartment with 1,130 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, 31, Park Avenue, Ilford has an estimated sale value of £390,255 and an estimated rental value of £2,044 per month, assuming reasonable condition and based on the information available.
The apartment sits within 31, Park Avenue, Ilford, IG1.
Park Avenue, Ilford, IG1 lies in the borough of Redbridge, within the IG1 postal district.
Our Data Sources
Flat 1, 31, Park Avenue, Ilford has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 31, Park Avenue, Ilford would be worth £409,767, with a potential rental value of £2,146 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £362,937, with a rental value of £1,901 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 31, Park Avenue, Ilford has declined by £20,885 (5.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £18 (0.9%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 1, 31, Park Avenue, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 1, 31, Park Avenue, Ilford across the last 2 years.
Most recently, 27B, Balfour Road, Ilford, IG1 4HP, a leasehold flat, sold at £400,000 on the 15th August 2022.
Read more about house prices in IG1.
- Sold Aug 2022£400,000 | 3 Bed Flat27B, Balfour Road, Ilford, IG1 4HP27B, Balfour Road, Ilford, IG1 4HP
- Sold Dec 2015£292,500 | 3 Bed Flat7, Valentines Road, Ilford, IG1 4RZ7, Valentines Road, Ilford, IG1 4RZ
- Sold Dec 2014£275,000 | 3 Bed Flat7A, Valentines Road, Ilford, IG1 4RZ7A, Valentines Road, Ilford, IG1 4RZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 31, Park Avenue, Ilford as the 14th largest and the 12th most expensive of the 85 addresses on Park Avenue, Ilford, IG1.
Against the IG1 postcode district average, it is £30k less expensive than the typical property.
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Schools Nearby
- 600mChristchurch Primary School
- 1.0kmHighlands Primary School
- 1.0kmWinston Way Academy
- 200mThe Ursuline Academy Ilford
- 1.1kmValentines High School
- 1.8kmThe Palmer Catholic Academy
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Public Transport Nearby
Ilford station is the nearest stop to Flat 1, 31, Park Avenue, Ilford at 500 metres away.
- 500mIlford
- 1.4kmGants Hill
- 1.9kmSeven Kings
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
