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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 3, Memorial Heights, Ilford is described in the public record as a modern apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Memorial Heights, Ilford is £251,388 and its rental estimate is £1,371 per month, given the available information and assuming reasonable condition.
Memorial Heights, Monarch Way is a residential building on Monarch Way, Ilford, IG2 and falls within the IG2 postal district and the borough of Redbridge.
Flat 3, Memorial Heights, Ilford has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data 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 3, Memorial Heights, Ilford, we estimate a market value of £263,957 and a rental value of £1,439 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,791 and £1,275 per month respectively.
Over the last year, Flat 3, Memorial Heights, Ilford has seen its estimated sale value drop by £9,670 (3.8%) and its estimated rental value rise by £29 per month (2.1%). This results in an estimated gross rental yield of 6.5%.
Flat 3, Memorial Heights, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of Flat 3, Memorial Heights, Ilford completed on 20th December 2004 at £217,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to Flat 3, Memorial Heights, Ilford have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2024, was Flat 121, Memorial Heights, Monarch Way, Ilford, IG2 7HS, a leasehold flat which sold for £192,500.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 189 addresses on Monarch Way, Ilford, IG2, Flat 3, Memorial Heights, Ilford comes out as the 152nd largest and the 153rd most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the IG2 district.
From Flat 3, Memorial Heights, Ilford, the nearest station is Newbury Park, 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 3, Memorial Heights, Ilford, 71.0% of property is privately rented and 20.6% is privately owned with a mortgage.
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, Memorial Heights, Ilford, 26.9% of residents are recorded as possessing school level qualifications and 73.3% 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, Memorial Heights, Ilford, the average age was 36.6 and the most common age was 37.
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, Memorial Heights, 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, Memorial Heights, Ilford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
