Flat 3, 15
Flat 3, 15
Description & Estimates
According to the public record, Flat 3, 15, Richmond Road, Ilford is a period leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 15, Richmond Road, Ilford is £328,307 and the estimated rental value is £1,543 per month.
The apartment is within 15, Richmond Road, Ilford, IG1.
Richmond Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Our Data Sources
Flat 3, 15, Richmond Road, Ilford has 21 entries in the Land Registry , most recently in March 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, 15, Richmond Road, Ilford is in very good condition we estimate a sale value of £344,722 and a rental value of £1,621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,325 and a rental value of £1,435 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 15, Richmond Road, Ilford has declined by £11,788 (3.6%), while its estimated rental value has climbed by £42 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
Flat 3, 15, Richmond Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 3, 15, Richmond Road, Ilford was last sold on 19th March 2014 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2014, the market for similar properties has risen by 51.1%.
- Sold Mar 2014£185,000
- Sold Jun 1999£57,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 15, Richmond Road, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 209, High Road, Ilford, IG1 1LX, a leasehold flat which sold for £920,000 on the 30th December 2024.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Richmond Road, Ilford, IG1 has a total of 257 addresses. According to our analysis of all the public data, Flat 3, 15, Richmond Road, Ilford is the 160th largest and the 165th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in IG1.
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Schools Nearby
- 200mWinston Way Academy
- 500mCleveland Road Primary School
- 600mSS Peter and Paul's Catholic Primary School
- 800mThe Ursuline Academy Ilford
- 1.3kmThe Palmer Catholic Academy
More reading links
Public Transport Nearby
The closest station to Flat 3, 15, Richmond Road, Ilford is Ilford station, which is 600 metres away.
- 600mIlford
- 1.4kmSeven Kings
- 2.0kmBarking
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
