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According to the public record, Flat 503, Raphael House 250, Ilford is a modern leasehold apartment with 785 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 503, Raphael House 250, Ilford is £365,257 and the estimated rental value is £1,744 per month.
The apartment is within Raphael House, High Road, Ilford, IG1.
High Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 503, Raphael House 250, Ilford has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated July 2021.
We combine this information with that 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.
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 503, Raphael House 250, Ilford is in very good condition we estimate a sale value of £383,520 and a rental value of £1,831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,689 and a rental value of £1,622 per month.
Over the last 12 months the sale value of Flat 503 Raphael House 250 Ilford has decreased by an estimated £19,931 (5.5%) and its rental value has increased by an estimated £11 per month (0.6%), giving an expected gross yield of 5.7%.
Flat 503, Raphael House 250, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 503, Raphael House 250, Ilford was last sold on 5th March 2010 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 65.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 503, Raphael House 250, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 909, Raphael House 250, High Road, Ilford, IG1 1YT, a leasehold flat which sold for £255,000 on the 7th August 2023.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Ilford, IG1 has a total of 789 addresses. According to our analysis of all the public data, Flat 503, Raphael House 250, Ilford is the 132nd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in IG1.
The closest station to Flat 503, Raphael House 250, Ilford is Ilford station which is 600 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 503, Raphael House 250, Ilford, % of property is and % is .
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 503, Raphael House 250, Ilford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 503, Raphael House 250, 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 503, Raphael House 250, Ilford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.