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According to the public record, Flat 7, Icon Building 39, Ilford is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, Icon Building 39, Ilford is £277,473 and the estimated rental value is £1,395 per month.
The apartment is within Icon Building, Ilford Hill, Ilford, IG1.
Ilford Hill, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 7, Icon Building 39, Ilford has 2 entries in the Land Registry , most recently in July 2010 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 7, Icon Building 39, Ilford is in very good condition we estimate a sale value of £291,347 and a rental value of £1,465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,050 and a rental value of £1,297 per month.
Over the last 12 months the sale value of Flat 7 Icon Building 39 Ilford has decreased by an estimated £11,898 (4.3%) and its rental value has increased by an estimated £26 per month (1.8%), giving an expected gross yield of 6%.
Flat 7, Icon Building 39, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 7, Icon Building 39, Ilford was last sold on 13th July 2010 for £134,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2010, the market for similar properties has risen 46.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Icon Building 39, Ilford within a radius of 270 metres over the last 2 years.
The most recent example is Flat 134, Icon Building 39, Ilford Hill, Ilford, IG1 2FJ, a leasehold flat which sold for £239,000 on the 22nd June 2023.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ilford Hill, Ilford, IG1 has a total of 702 addresses. According to our analysis of all the public data, Flat 7, Icon Building 39, Ilford is the 501st largest and the 289th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in IG1.
The closest station to Flat 7, Icon Building 39, Ilford is Ilford station which is 200 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 7, Icon Building 39, 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 7, Icon Building 39, 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 7, Icon Building 39, 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 7, Icon Building 39, 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.