Flat 2, 27
Flat 2, 27
Description & Estimates
Flat 2, 27, Wellwood Road, Ilford is described in the public record as an early-century apartment with 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 27, Wellwood Road, Ilford is £693,230 and its rental estimate is £3,613 per month, given the available information and assuming reasonable condition.
27, Wellwood Road is a residential building on Wellwood Road, Ilford, IG3 and falls within the IG3 postal district and the borough of Redbridge.
Our Data Sources
Flat 2, 27, Wellwood Road, Ilford has no records in the the Land Registry and a single entry in the EPC database dated August 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
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, 27, Wellwood Road, Ilford, we estimate a market value of £727,891 and a rental value of £3,793 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £644,704 and £3,360 per month respectively.
Recent Market Change
Over the last year, Flat 2, 27, Wellwood Road, Ilford has seen its estimated sale value decrease by £15,666 (2.3%) and its estimated rental value grow by £100 per month (2.8%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 27, Wellwood Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 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
Over the past 2 years 2 properties similar to Flat 2, 27, Wellwood Road, Ilford have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2010, was Flat 1, 24, Wellwood Road, Ilford, IG3 8TR, a leasehold flat which sold for £104,000.
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
Of the 178 addresses on Wellwood Road, Ilford, IG3, Flat 2, 27, Wellwood Road, Ilford comes out as the 103rd largest and the 52nd most expensive in our analysis of the public data.
It is also £215k more expensive than the average property across the IG3 district.
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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
From Flat 2, 27, Wellwood Road, Ilford, the nearest station is Goodmayes, 200 metres away.
- 200mGoodmayes
- 800mSeven Kings
- 1.4kmChadwell Heath
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
