Flat 3, 240
Flat 3, 240
Description & Estimates
The public record describes Flat 3, 240, Ley Street, Ilford as a period apartment with 322 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 240, Ley Street, Ilford has an estimated sale value of £319,411 and an estimated rental value of £1,600 per month, assuming reasonable condition and based on the information available.
The apartment sits within 240, Ley Street, Ilford, IG1.
Ley Street, Ilford, IG1 lies in the borough of Redbridge, within the IG1 postal district.
Our Data Sources
Flat 3, 240, Ley Street, Ilford has no records in the the Land Registry and a single entry in the EPC database dated September 2017.
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 3, 240, Ley Street, Ilford would be worth £335,381, with a potential rental value of £1,680 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £297,052, with a rental value of £1,488 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 3, 240, Ley Street, Ilford has fallen by £7,839 (2.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £48 (3.0%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 3, 240, Ley Street, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Sep 2017.
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 1 sale of a comparable property within 410 metres of Flat 3, 240, Ley Street, Ilford across the last 2 years.
Most recently, Flat 1, 240, Ley Street, Ilford, IG1 4BP, a leasehold flat, sold at £377,000 on the 5th November 2020.
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
Our analysis of the public data ranks Flat 3, 240, Ley Street, Ilford as the 423rd largest and the 188th most expensive of the 442 addresses on Ley Street, Ilford, IG1.
Against the IG1 postcode district average, it is £101k less expensive than the typical property.
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Schools Nearby
- 300mChristchurch Primary School
- 400mWinston Way Academy
- 700mSS Peter and Paul's Catholic Primary School
- 800mThe Ursuline Academy Ilford
- 1.0kmThe Palmer Catholic Academy
- 1.6kmValentines High School
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Public Transport Nearby
Ilford station is the nearest stop to Flat 3, 240, Ley Street, Ilford at 800 metres away.
- 800mIlford
- 1.1kmSeven Kings
- 1.6kmNewbury Park
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.
