According to the public record, 1, South Park Drive, Ilford is a period freehold house with 1,044 ft2 of internal area and sits on a 174 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
South Park Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
1, South Park Drive, Ilford has 51 entries in the Land Registry database, most recently in September 2007 and a single entry in the EPC database dated April 2022.
We combine this information with that 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 South Park Drive Ilford as £494,054 and the rental value as £2,402 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 South Park Drive Ilford has increased by £2,646 (0.5%) and its rental value has increased by £94 per month (3.9%).
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, South Park Drive, Ilford is in very good condition we estimate a sale value of £518,757 and rental value of £2,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,470 and a rental value of £2,234 per month.
If you were able to purchase this property for the estimated value of £494,054, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,428 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 data from HM Land Registry, 1, South Park Drive, Ilford sits on a plot of 174m2.
We have plot size data on 21 out of 29 other houses in the postcode and 1, South Park Drive, Ilford sits on the 14th largest plot.
According to HM Land Registry, 1, South Park Drive, Ilford was last sold on 07 Sep 2007 for £220,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Sep 2007, the market for similar properties has risen 74.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, South Park Drive, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 11, South Park Drive, Ilford, IG3 9AA, a Freehold house which sold for £550,000 in Dec 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Park Drive, Ilford, IG3 has a total of 159 addresses. According to our analysis of all the public data, 1, South Park Drive, Ilford is the 96th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in IG3.
1, South Park Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2022.
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, South Park Drive, Ilford is Seven Kings 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, South Park Drive, Ilford, 30.4% of property is privately owned with a mortgage and 28.7% is privately rented.
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, South Park Drive, Ilford, 25.2% of residents are recorded as possessing school level qualifications and 39.2% 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, South Park Drive, Ilford, the average age was 34.7 and the most common age was 12.
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, South Park Drive, 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 1, South Park Drive, 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.