According to the public record, 1, Rutland Road, Ilford is a period apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1, Rutland Road, Ilford, IG1.
Rutland Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
1, Rutland Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated September 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Rutland Road Ilford as £216,410 and the rental value as £1,370 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 1 Rutland Road Ilford has increased by £1,915 (0.9%) and its rental value has increased by £51 per month (3.7%).
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, Rutland Road, Ilford is in very good condition we estimate a sale value of £227,230 and rental value of £1,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,261 and a rental value of £1,274 per month.
If you were able to purchase this property for the estimated value of £216,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,064 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.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rutland Road, Ilford within a radius of 350 metres over the last 2 years.
The most recent example is 21, Bengal Road, Ilford, IG1 2EH, a Leasehold flat which sold for £223,000 in Oct 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rutland Road, Ilford, IG1 has a total of 76 addresses. According to our analysis of all the public data, 1, Rutland Road, Ilford is the 76th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in IG1.
1, Rutland Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Rutland Road, Ilford is Ilford station which is 600 metres away.
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 1, Rutland Road, Ilford, 52.7% of property is privately rented and 25.2% is privately owned outright.
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 1, Rutland Road, Ilford, 24.5% of residents are recorded as possessing school level qualifications and 30.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Rutland Road, Ilford, the average age was 33.7 and the most common age was 32.
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 1, Rutland Road, Ilford, 0.2% 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 1, Rutland Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.