Flat 1, 38
Flat 1, 38
Description & Estimates
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.
Our Data Sources
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.
Price Range & Condition
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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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.
- Sold Nov 2020£265,000
- Sold Aug 2016£245,000
Similar Properties Sold Nearby
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.
- Sold Jun 2024£334,000 | 2 Bed FlatSapphire Court 20, Clements LaneFlat 11, Sapphire Court 20, Clements Lane, Ilford, IG1 2QY
- Sold Jun 2024£334,000 | 2 Bed FlatSapphire Court 20, Clements LaneFlat 3, Sapphire Court 20, Clements Lane, Ilford, IG1 2QY
- Sold Jun 2024£334,000 | 2 Bed FlatSapphire Court 20, Clements LaneFlat 9, Sapphire Court 20, Clements Lane, Ilford, IG1 2QY
•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, 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.
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Schools Nearby
- 500mCleveland Road Primary School
- 600mWinston Way Academy
- 700mChristchurch Primary School
- 500mThe Ursuline Academy Ilford
- 1.6kmLittle Ilford School
More reading links
Public Transport Nearby
Ilford station is the nearest stop to Flat 1, 38, Postway Mews, Ilford at 200 metres away.
- 200mIlford
- 1.8kmSeven Kings
- 1.9kmManor Park
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.
