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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
Flat 2, 114, Ley Street, Ilford is described in the public record as a period apartment with 161 ft2 of internal area.
Locally, apartments of this size are normally studios.
Our estimate of the sale value of Flat 2, 114, Ley Street, Ilford is £107,308 and its rental estimate is £739 per month, given the available information and assuming reasonable condition.
114, Ley Street is a residential building on Ley Street, Ilford, IG1 and falls within the IG1 postal district and the borough of Redbridge.
Flat 2, 114, Ley Street, Ilford has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
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.
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 2, 114, Ley Street, Ilford, we estimate a market value of £112,673 and a rental value of £776 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,796 and £687 per month respectively.
Over the last year, Flat 2, 114, Ley Street, Ilford has seen its estimated sale value fall by £3,337 (3.1%) and its estimated rental value move up by £22 per month (2.9%). This results in an estimated gross rental yield of 8.3%.
Flat 2, 114, Ley Street, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Over the past 2 years 3 properties have sold within 390 metres of Flat 2, 114, Ley Street, Ilford, per the Land Registry and our network of Estate Agents.
The latest, on the 1st February 2024, was 122, Ley Street, Ilford, IG1 4BX, a leasehold house which sold for £250,000.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 442 addresses on Ley Street, Ilford, IG1, Flat 2, 114, Ley Street, Ilford comes out as the 442nd largest and the 442nd most expensive in our analysis of the public data.
It is also £313k less expensive than the average property across the IG1 district.
From Flat 2, 114, Ley Street, Ilford, the nearest station is Ilford, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2, 114, Ley Street, Ilford, 61.9% of property is privately rented and 15.8% is privately owned outright.
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 2, 114, Ley Street, Ilford, 27.3% of residents are recorded as possessing school level qualifications and 39.1% 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 2, 114, Ley Street, Ilford, the average age was 33.7 and the most common age was 32.
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 2, 114, Ley Street, Ilford, 0.2% 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 2, 114, Ley Street, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
