Flat 2, 5
Flat 2, 5
Description & Estimates
The public record describes Flat 2, 5, Goodmayes Avenue, Ilford as a period apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 5, Goodmayes Avenue, Ilford has an estimated sale value of £288,791 and an estimated rental value of £1,716 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Goodmayes Avenue, Ilford, IG3.
Goodmayes Avenue, Ilford, IG3 lies in the borough of Redbridge, within the IG3 postal district.
Our Data Sources
Flat 2, 5, Goodmayes Avenue, Ilford has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
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, 5, Goodmayes Avenue, Ilford would be worth £303,231, with a potential rental value of £1,802 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £268,576, with a rental value of £1,596 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, 5, Goodmayes Avenue, Ilford has moved down by £6,526 (2.3%) over the last year. During the same period, its estimated monthly rental value has increased by £47 (2.8%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
Flat 2, 5, Goodmayes Avenue, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2019.
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 3 sales of comparable properties within 400 metres of Flat 2, 5, Goodmayes Avenue, Ilford across the last 2 years.
Most recently, 9A, Blythswood Road, Ilford, IG3 8SJ, a leasehold flat, sold at £285,000 on the 6th October 2024.
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, 5, Goodmayes Avenue, Ilford as the 45th largest and the 41st most expensive of the 59 addresses on Goodmayes Avenue, Ilford, IG3.
Against the IG3 postcode district average, it is £189k less expensive than the typical property.
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Schools Nearby
- 500mGoodmayes Primary School
- 500mBarley Lane Primary School
- 600mAl-Noor Voluntary Aided Muslim Primary School
- 800mMayfield School
- 900mChadwell Heath Academy
- 1.0kmThe Palmer Catholic Academy
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Public Transport Nearby
Goodmayes station is the nearest stop to Flat 2, 5, Goodmayes Avenue, Ilford at 100 metres away.
- 100mGoodmayes
- 700mSeven Kings
- 1.4kmChadwell Heath
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
