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According to the public record, Flat 3, 706, Cranbrook Road, Ilford is a modern leasehold apartment with 602 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, 706, Cranbrook Road, Ilford is £246,446 and the estimated rental value is £1,562 per month.
The apartment is within 706, Cranbrook Road, Ilford, IG6.
Cranbrook Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
Flat 3, 706, Cranbrook Road, Ilford has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that 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.
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, 706, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £258,769 and a rental value of £1,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,195 and a rental value of £1,453 per month.
Over the last 12 months the sale value of Flat 3 706 Cranbrook Road Ilford has decreased by an estimated £2,387 (1.0%) and its rental value has increased by an estimated £54 per month (3.5%), giving an expected gross yield of 7.6%.
Flat 3, 706, Cranbrook Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 3, 706, Cranbrook Road, Ilford was last sold on 31st July 2020 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 706, Cranbrook Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 9A, Beattyville Gardens, Ilford, IG6 1JN, a leasehold flat which sold for £265,000 on the 10th July 2023.
Read more about house prices in IG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Road, Ilford, IG6 has a total of 128 addresses. According to our analysis of all the public data, Flat 3, 706, Cranbrook Road, Ilford is the 87th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in IG6.
The closest station to Flat 3, 706, Cranbrook Road, Ilford is Gants Hill station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 706, Cranbrook Road, Ilford, 54.0% of property is privately rented and 26.2% is socially rented.
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 3, 706, Cranbrook Road, Ilford, 34.9% of residents are recorded as possessing school level qualifications and 36.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, 706, Cranbrook Road, Ilford, the average age was 35.8 and the most common age was 32.
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 3, 706, Cranbrook Road, 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 3, 706, Cranbrook Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.