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1, Penrith Road Penrith Road, Redbridge, London, IG6 3DA
Property Description of 1, Penrith Road, Ilford
According to the public record, 1, Penrith Road, Ilford is a early-century freehold house with 904 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Penrith Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
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Our data sources
for 1, Penrith Road, Ilford
1, Penrith Road, Ilford has 31 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
for 1, Penrith Road, Ilford
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Penrith Road Ilford as £532,458 and the rental value as £2,460 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 Penrith Road Ilford has increased by £13,910 (2.6%) and its rental value has increased by £105 per month (4.2%).
Price range & condition
for 1, Penrith Road, Ilford
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 1, Penrith Road, Ilford is in very good condition we estimate a sale value of £559,081 and rental value of £2,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,186 and a rental value of £2,288 per month.
Mortgage costs
for 1, Penrith Road, Ilford
If you were able to purchase this property for the estimated value of £532,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,617 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
Plot size
for 1, Penrith Road, Ilford
According to data from HM Land Registry, 1, Penrith Road, Ilford sits on a plot of 158m2.
We have plot size data on 16 out of 29 other houses in the postcode and 1, Penrith Road, Ilford sits on the 15th largest plot.
Sold prices
for 1, Penrith Road, Ilford
According to HM Land Registry, 1, Penrith Road, Ilford was last sold on 14 Sep 2017 for £460,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2017, the market for similar properties has risen 21.5%
Similar properties sold nearby*
to 1, Penrith Road, Ilford
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Penrith Road, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 39, Penrith Road, Ilford, IG6 3DA, a Freehold house which sold for £515,000 in Jul 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Local comparison
for 1, Penrith Road, Ilford
Penrith Road, Ilford, IG6 has a total of 52 addresses. According to our analysis of all the public data, 1, Penrith Road, Ilford is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in IG6.
Energy Efficiency
of 1, Penrith Road, Ilford
1, Penrith Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
Schools nearby
to 1, Penrith Road, Ilford
Public transport nearby
to 1, Penrith Road, Ilford
The closest station to 1, Penrith Road, Ilford is Hainault station which is 600 metres away.
Risk of flooding
for 1, Penrith Road, Ilford
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Home ownership nearby
around 1, Penrith Road, Ilford
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Penrith Road, Ilford, 35.0% of property is privately owned outright and 35.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
Education levels in the area
around 1, Penrith Road, Ilford
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Penrith Road, Ilford, 19.6% of residents are recorded as possessing school level qualifications and 40.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
Average age of residents
around 1, Penrith Road, Ilford
Average age
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Penrith Road, Ilford, the average age was 37.1 and the most common age was 37.
Age distribution
The graph below shows how this compares to Greater London and the rest of England & Wales
Number of second homes
around 1, Penrith Road, Ilford
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Penrith Road, Ilford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
Average cars per home
around 1, Penrith Road, Ilford
The recent census recorded the number of cars registered in each household.
In the area around 1, Penrith Road, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
