Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Flat 5, 2, Wellwood Road, Ilford is described in the public record as an early-century apartment with 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, 2, Wellwood Road, Ilford is £243,930 and its rental estimate is £1,287 per month, given the available information and assuming reasonable condition.
2, Wellwood Road is a residential building on Wellwood Road, Ilford, IG3 and falls within the IG3 postal district and the borough of Redbridge.
Flat 5, 2, Wellwood Road, Ilford has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5, 2, Wellwood Road, Ilford, we estimate a market value of £256,126 and a rental value of £1,351 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £226,855 and £1,197 per month respectively.
Over the last year, Flat 5, 2, Wellwood Road, Ilford has seen its estimated sale value decline by £3,920 (1.6%) and its estimated rental value climb by £41 per month (3.2%). This results in an estimated gross rental yield of 6.3%.
Flat 5, 2, Wellwood Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to Flat 5, 2, Wellwood Road, Ilford have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th August 2023, was 40D, Wellwood Road, Ilford, IG3 8TU, a leasehold flat which sold for £190,000.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 178 addresses on Wellwood Road, Ilford, IG3, Flat 5, 2, Wellwood Road, Ilford comes out as the 175th largest and the 146th most expensive in our analysis of the public data.
It is also £234k less expensive than the average property across the IG3 district.
From Flat 5, 2, Wellwood Road, Ilford, the nearest station is Goodmayes, 200 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 5, 2, Wellwood Road, Ilford, 77.5% of property is privately rented and 13.2% is privately owned outright.
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 5, 2, Wellwood Road, Ilford, 19.7% of residents are recorded as possessing school level qualifications and 24.8% 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 5, 2, Wellwood Road, Ilford, the average age was 34.6 and the most common age was 42.
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 5, 2, Wellwood Road, Ilford, 0.3% 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 5, 2, Wellwood 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.
