Flat 2, 127B
Flat 2, 127B
Description & Estimates
Flat 2, 127B, Fencepiece Road, Ilford is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 127B, Fencepiece Road, Ilford is £237,540 and its rental estimate is £1,486 per month, given the available information and assuming reasonable condition.
127B, Fencepiece Road is a residential building on Fencepiece Road, Ilford, IG6 and falls within the IG6 postal district and the borough of Redbridge.
Our Data Sources
Flat 2, 127B, Fencepiece Road, Ilford has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, 127B, Fencepiece Road, Ilford, we estimate a market value of £249,416 and a rental value of £1,561 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £220,912 and £1,382 per month respectively.
Recent Market Change
Over the last year, Flat 2, 127B, Fencepiece Road, Ilford has seen its estimated sale value decline by £4,462 (1.9%) and its estimated rental value climb by £48 per month (3.2%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Flat 2, 127B, Fencepiece Road, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 127B, Fencepiece Road, Ilford completed on 5th July 2021 at £315,000 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 dropped by 0.0% over the period since July 2021.
- Sold Jul 2021£315,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 127B, Fencepiece Road, Ilford have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2023, was Flat 8, Echo House 37, Marine Crescent, Ilford, IG6 2FL, a leasehold flat which sold for £290,000.
Read more about house prices in IG6.
- Sold Jun 2023£290,000 | 2 Bed FlatEcho House 37, Marine CrescentFlat 8, Echo House 37, Marine Crescent, Ilford, IG6 2FL
- Sold Nov 2021£290,000 | 2 Bed Flat127B, Fencepiece RoadFlat 1, 127B, Fencepiece Road, Ilford, IG6 2LD
- Sold Oct 2021£268,000 | 2 Bed FlatEcho House 37, Marine CrescentFlat 4, Echo House 37, Marine Crescent, Ilford, IG6 2FL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 308 addresses on Fencepiece Road, Ilford, IG6, Flat 2, 127B, Fencepiece Road, Ilford comes out as the 278th largest and the 295th most expensive in our analysis of the public data.
It is also £224k less expensive than the average property across the IG6 district.
More reading links
Schools Nearby
- 400mFairlop Primary School
- 700mLimes Farm Junior School
- 700mLimes Farm Infant School and Nursery
- 1.0kmKing Solomon High School
- 1.3kmIlford County High School
- 1.8kmCaterham High School
More reading links
Public Transport Nearby
From Flat 2, 127B, Fencepiece Road, Ilford, the nearest station is Hainault, 700 metres away.
- 700mHainault
- 900mFairlop
- 1.4kmGrange Hill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
