Flat 27, Icon Building 39
Flat 27, Icon Building 39
Description & Estimates
Flat 27, Icon Building 39, Ilford is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 27, Icon Building 39, Ilford is £284,437 and its rental estimate is £1,421 per month, given the available information and assuming reasonable condition.
Icon Building, Ilford Hill is a residential building on Ilford Hill, Ilford, IG1 and falls within the IG1 postal district and the borough of Redbridge.
Our Data Sources
Flat 27, Icon Building 39, Ilford has 3 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 27, Icon Building 39, Ilford, we estimate a market value of £298,659 and a rental value of £1,492 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,526 and £1,322 per month respectively.
Recent Market Change
Over the last year, Flat 27, Icon Building 39, Ilford has seen its estimated sale value move down by £12,197 (4.3%) and its estimated rental value increase by £26 per month (1.8%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 27, Icon Building 39, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 27, Icon Building 39, Ilford completed on 16th January 2019 at £235,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 8.2% over the period since January 2019.
- Sold Jan 2019£235,000
- Sold Apr 2014£173,000
- Sold Jan 2010£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 27, Icon Building 39, Ilford have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was Flat 605, Valentines House 51-69, Ilford Hill, Ilford, IG1 2ZN, a leasehold flat which sold for £246,500.
Read more about house prices in IG1.
- Sold Apr 2023£246,500 | 2 Bed FlatValentines House 51-69, Ilford HillFlat 605, Valentines House 51-69, Ilford Hill, Ilford, IG1 2ZN
- Sold Apr 2022£235,000 | 2 Bed FlatIcon Building 39, Ilford HillFlat 79, Icon Building 39, Ilford Hill, Ilford, IG1 2FJ
- Sold Jul 2021£275,000 | 2 Bed FlatValentines House 51-69, Ilford HillFlat 508, Valentines House 51-69, Ilford Hill, Ilford, IG1 2ZN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 702 addresses on Ilford Hill, Ilford, IG1, Flat 27, Icon Building 39, Ilford comes out as the 488th largest and the 273rd most expensive in our analysis of the public data.
It is also £136k less expensive than the average property across the IG1 district.
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Schools Nearby
- 600mCleveland Road Primary School
- 700mSheringham Primary School
- 900mDersingham Primary School
- 500mThe Ursuline Academy Ilford
- 1.4kmLittle Ilford School
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Public Transport Nearby
From Flat 27, Icon Building 39, Ilford, the nearest station is Ilford, 200 metres away.
- 200mIlford
- 1.6kmManor Park
- 1.8kmWoodgrange Park
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
