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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 1, 38, Postway Mews, Ilford to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 38, Postway Mews, Ilford has an estimated sale value of £275,358 and an estimated rental value of £1,383 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Postway Mews, Ilford, IG1.
Postway Mews, Ilford, IG1 lies in the borough of Redbridge, within the IG1 postal district.
Flat 1, 38, Postway Mews, Ilford has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated October 2014.
We combine this information with that 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.
In very good condition, we estimate Flat 1, 38, Postway Mews, Ilford would be worth £289,126, with a potential rental value of £1,452 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £256,083, with a rental value of £1,286 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, 38, Postway Mews, Ilford has fallen by £9,887 (3.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £38 (2.7%). The property's estimated gross yield is currently 6.0%.
Flat 1, 38, Postway Mews, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 1, 38, Postway Mews, Ilford last changed hands on 10th November 2020, selling for £265,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.9% since November 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 1, 38, Postway Mews, Ilford across the last 2 years.
Most recently, Flat 11, Sapphire Court 20, Clements Lane, Ilford, IG1 2QY, a leasehold flat, sold at £334,000 on the 4th June 2024.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, 38, Postway Mews, Ilford as the 24th largest and the 13th most expensive of the 34 addresses on Postway Mews, Ilford, IG1.
Against the IG1 postcode district average, it is £145k less expensive than the typical property.
Ilford station is the nearest stop to Flat 1, 38, Postway Mews, Ilford at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 38, Postway Mews, Ilford, % of property is and % is .
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 Flat 1, 38, Postway Mews, Ilford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 1, 38, Postway Mews, Ilford, 0.0% 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 Flat 1, 38, Postway Mews, Ilford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
