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Company No. 11113204
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According to the public record, Flat A, 347, Eastern Avenue, Ilford is a early-century leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 347, Eastern Avenue, Ilford is £366,238 and the estimated rental value is £1,796 per month.
The apartment is within 347, Eastern Avenue, Ilford, IG2.
Eastern Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Flat A, 347, Eastern Avenue, Ilford has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated August 2023.
We combine this information with that 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.
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 A, 347, Eastern Avenue, Ilford is in very good condition we estimate a sale value of £384,550 and a rental value of £1,885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,601 and a rental value of £1,670 per month.
Over the last 12 months the sale value of Flat A 347 Eastern Avenue Ilford has decreased by an estimated £7,583 (2.1%) and its rental value has increased by an estimated £57 per month (3.2%), giving an expected gross yield of 5.9%.
Flat A, 347, Eastern Avenue, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat A, 347, Eastern Avenue, Ilford was last sold on 22nd February 2007 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 56.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 347, Eastern Avenue, Ilford within a radius of 340 metres over the last 2 years.
The most recent example is Flat 15, 51, Clarence Avenue, Ilford, IG2 6FD, a leasehold flat which sold for £348,000 on the 27th March 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Avenue, Ilford, IG2 has a total of 951 addresses. According to our analysis of all the public data, Flat A, 347, Eastern Avenue, Ilford is the 500th largest and the 404th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in IG2.
The nearest school is Valentines High School which is 298 metres away. The nearest train station is Gants Hill which is 100 metres away.
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