Flat 2, 1
Flat 2, 1
Description & Estimates
The public record describes Flat 2, 1, Wellwood Road, Ilford as a period apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 1, Wellwood Road, Ilford has an estimated sale value of £544,145 and an estimated rental value of £2,840 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Wellwood Road, Ilford, IG3.
Wellwood Road, Ilford, IG3 lies in the borough of Redbridge, within the IG3 postal district.
Our Data Sources
Flat 2, 1, Wellwood Road, Ilford has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data 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
In very good condition, we estimate Flat 2, 1, Wellwood Road, Ilford would be worth £571,353, with a potential rental value of £2,982 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £506,055, with a rental value of £2,641 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 2, 1, Wellwood Road, Ilford has dropped by £8,744 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £91 (3.2%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 2, 1, Wellwood Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2018.
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 1 sale of a comparable property within 410 metres of Flat 2, 1, Wellwood Road, Ilford across the last 2 years.
Most recently, Flat 1, 27, Wellwood Road, Ilford, IG3 8TR, a leasehold flat, sold at £355,000 on the 3rd May 2007.
Read more about house prices in IG3.
•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 2, 1, Wellwood Road, Ilford as the 137th largest and the 72nd most expensive of the 178 addresses on Wellwood Road, Ilford, IG3.
Against the IG3 postcode district average, it is £66k more expensive than the typical property.
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Schools Nearby
- 400mBarley Lane Primary School
- 500mFarnham Green Primary School
- 600mGoodmayes Primary School
- 800mChadwell Heath Academy
- 900mMayfield School
- 1.0kmThe Palmer Catholic Academy
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Public Transport Nearby
Goodmayes station is the nearest stop to Flat 2, 1, Wellwood Road, Ilford at 200 metres away.
- 200mGoodmayes
- 800mSeven Kings
- 1.4kmChadwell Heath
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
