Flat 4, 1
Flat 4, 1
Description & Estimates
Flat 4, 1, Wellwood Road, Ilford is described in the public record as a period apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 1, Wellwood Road, Ilford is £438,940 and its rental estimate is £2,316 per month, given the available information and assuming reasonable condition.
1, Wellwood Road is a residential building on Wellwood Road, Ilford, IG3 and falls within the IG3 postal district and the borough of Redbridge.
Our Data Sources
Flat 4, 1, Wellwood Road, Ilford has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
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
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 4, 1, Wellwood Road, Ilford, we estimate a market value of £460,887 and a rental value of £2,432 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £408,214 and £2,154 per month respectively.
Recent Market Change
Over the last year, Flat 4, 1, Wellwood Road, Ilford has seen its estimated sale value move down by £7,054 (1.6%) and its estimated rental value increase by £74 per month (3.2%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 4, 1, Wellwood Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 410 metres of Flat 4, 1, Wellwood Road, Ilford, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2022, was 5, Wellwood Road, Ilford, IG3 8TR, a freehold house which sold for £810,000.
Read more about house prices in IG3.
- Sold Jun 2022£810,000 | 3 Bed House5, Wellwood Road, Ilford, IG3 8TR5, Wellwood Road, Ilford, IG3 8TR
- Sold Oct 2016£9,998 | 2 Bed Flat811, High Road, Ilford, IG3 8TD811, High Road, Ilford, IG3 8TD
- Sold Oct 2008£155,000 | 1 Bed FlatFlat 3, 2, Wellwood Road, Ilford, IG3 8TRFlat 3, 2, Wellwood Road, Ilford, IG3 8TR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 178 addresses on Wellwood Road, Ilford, IG3, Flat 4, 1, Wellwood Road, Ilford comes out as the 167th largest and the 89th most expensive in our analysis of the public data.
It is also £39k less expensive than the average property across the IG3 district.
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Schools Nearby
- 400mBarley Lane Primary School
- 500mFarnham Green Primary School
- 600mGoodmayes Primary School
- 800mChadwell Heath Academy
- 900mMayfield School
- 1.0kmThe Palmer Catholic Academy
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Public Transport Nearby
From Flat 4, 1, Wellwood Road, Ilford, the nearest station is Goodmayes, 200 metres away.
- 200mGoodmayes
- 800mSeven Kings
- 1.4kmChadwell Heath
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
