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According to the public record, Flat 33, 53, Clarence Avenue, Ilford is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 33, 53, Clarence Avenue, Ilford is £377,095 and the estimated rental value is £1,950 per month.
The apartment is within 53, Clarence Avenue, Ilford, IG2.
Clarence Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 33, 53, Clarence Avenue, Ilford has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that 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.
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 33, 53, Clarence Avenue, Ilford is in very good condition we estimate a sale value of £395,949 and a rental value of £2,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,698 and a rental value of £1,813 per month.
Over the last 12 months the sale value of Flat 33 53 Clarence Avenue Ilford has decreased by an estimated £18,238 (4.8%) and its rental value has increased by an estimated £20 per month (1.0%), giving an expected gross yield of 6.2%.
Flat 33, 53, Clarence Avenue, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 33, 53, Clarence Avenue, Ilford was last sold on 13th September 2016 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 33, 53, Clarence Avenue, Ilford within a radius of 350 metres over the last 2 years.
The most recent example is Flat 29, 53, Clarence Avenue, Ilford, IG2 6FD, a leasehold flat which sold for £440,000 on the 27th March 2020.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Avenue, Ilford, IG2 has a total of 135 addresses. According to our analysis of all the public data, Flat 33, 53, Clarence Avenue, Ilford is the 12th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in IG2.
The nearest school is Valentines High School which is 300 metres away. The nearest train station is Gants Hill which is 100 metres away.
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