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Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 13, Sonar House 1, Ilford is £346,800 and its rental estimate is £1,967 per month, given the available information and assuming reasonable condition.
Sonar House, Marine Crescent is a residential building on Marine Crescent, Ilford, IG6 and falls within the IG6 postal district and the borough of Redbridge.
Flat 13, Sonar House 1, Ilford has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 13, Sonar House 1, Ilford, we estimate a market value of £364,140 and a rental value of £2,065 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £322,524 and £1,829 per month respectively.
Over the last year, Flat 13, Sonar House 1, Ilford has seen its estimated sale value move down by £12,128 (3.5%) and its estimated rental value increase by £36 per month (1.8%). This results in an estimated gross rental yield of 6.8%.
Flat 13, Sonar House 1, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 13, Sonar House 1, Ilford completed on 26th January 2018 at £328,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 3.5% over the period since January 2018.
Over the past 2 years 3 properties similar to Flat 13, Sonar House 1, Ilford have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2024, was Flat 40, Sonar House 1, Marine Crescent, Ilford, IG6 2FA, a leasehold flat which sold for £355,000.
Read more about house prices in IG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 117 addresses on Marine Crescent, Ilford, IG6, Flat 13, Sonar House 1, Ilford comes out as the 48th largest and the 50th most expensive in our analysis of the public data.
It is also £115k less expensive than the average property across the IG6 district.
From Flat 13, Sonar House 1, Ilford, the nearest station is Hainault, 300 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 13, Sonar House 1, Ilford, 45.3% of property is privately rented and 29.4% is privately owned with a mortgage.
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 13, Sonar House 1, Ilford, 17.5% of residents are recorded as possessing school level qualifications and 44.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 13, Sonar House 1, Ilford, the average age was 37.1 and the most common age was 37.
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 13, Sonar House 1, 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 13, Sonar House 1, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.