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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 87, Memorial Heights, Ilford is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 87, Memorial Heights, Ilford is £237,771 and the estimated rental value is £1,269 per month.
The apartment is within Memorial Heights, Monarch Way, Ilford, IG2.
Monarch Way, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat 87, Memorial Heights, Ilford has 31 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated November 2020.
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 87, Memorial Heights, Ilford is in very good condition we estimate a sale value of £249,660 and a rental value of £1,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,127 and a rental value of £1,180 per month.
Over the last 12 months the sale value of Flat 87 Memorial Heights Ilford has decreased by an estimated £7,644 (3.2%) and its rental value has increased by an estimated £37 per month (2.9%), giving an expected gross yield of 6.4%.
Flat 87, Memorial Heights, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 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 87, Memorial Heights, Ilford was last sold on 5th December 2014 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2014, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 87, Memorial Heights, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is Flat 121, Memorial Heights, Monarch Way, Ilford, IG2 7HS, a leasehold flat which sold for £192,500 on the 20th June 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monarch Way, Ilford, IG2 has a total of 189 addresses. According to our analysis of all the public data, Flat 87, Memorial Heights, Ilford is the 184th largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in IG2.
The nearest school is Newbury Park Primary School which is 200 metres away. The nearest train station is Newbury Park which is 100 metres away.
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