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Flat 25, 53, Clarence Avenue, Ilford is recorded publicly as a modern leasehold apartment across 968 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 25, 53, Clarence Avenue, Ilford is £364,205 and its rental estimate is £1,883 per month, given the available information and assuming reasonable condition.
53, Clarence Avenue is a residential building on Clarence Avenue, Ilford, IG2 and falls within the IG2 postal district and the borough of Redbridge.
Flat 25, 53, Clarence Avenue, Ilford has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 25, 53, Clarence Avenue, Ilford, we estimate a market value of £382,415 and a rental value of £1,977 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £338,711 and £1,751 per month respectively.
Over the last year, Flat 25, 53, Clarence Avenue, Ilford has seen its estimated sale value drop by £17,614 (4.8%) and its estimated rental value rise by £19 per month (1.0%). This results in an estimated gross rental yield of 6.2%.
Flat 25, 53, Clarence Avenue, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Flat 25, 53, Clarence Avenue, Ilford completed on 7th October 2016 at £421,290 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 risen by 5.6% over the period since October 2016.
Over the past 2 years 3 properties similar to Flat 25, 53, Clarence Avenue, Ilford have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2020, was Flat 29, 53, Clarence Avenue, Ilford, IG2 6FD, a leasehold flat which sold for £440,000.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 135 addresses on Clarence Avenue, Ilford, IG2, Flat 25, 53, Clarence Avenue, Ilford comes out as the 21st largest and the 38th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the IG2 district.
From Flat 25, 53, Clarence Avenue, Ilford, the nearest station is Gants Hill, 100 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 25, 53, Clarence Avenue, Ilford, % of property is and % is .
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 25, 53, Clarence Avenue, Ilford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 25, 53, Clarence Avenue, Ilford, 0.0% 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 25, 53, Clarence Avenue, Ilford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.