According to the public record, 10, Merrivale Avenue, Ilford is a early-century freehold house with 904 ft2 of internal area and sits on a 357 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merrivale Avenue, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
10, Merrivale Avenue, Ilford has 21 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated May 2014.
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 10 Merrivale Avenue Ilford as £490,753 and the rental value as £2,139 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 10 Merrivale Avenue Ilford has increased by £12,112 (2.5%) and its rental value has increased by £68 per month (3.2%).
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 10, Merrivale Avenue, Ilford is in very good condition we estimate a sale value of £515,291 and rental value of £2,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,400 and a rental value of £1,989 per month.
If you were able to purchase this property for the estimated value of £490,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,412 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, 10, Merrivale Avenue, Ilford sits on a plot of 357m2.
We have plot size data on 14 out of 25 other houses in the postcode and 10, Merrivale Avenue, Ilford sits on the 9th largest plot.
According to HM Land Registry, 10, Merrivale Avenue, Ilford was last sold on 25 Nov 2019 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Merrivale Avenue, Ilford within a radius of 710 metres over the last 2 years.
The most recent example is 82, Falmouth Gardens, Ilford, IG4 5JJ, a Freehold house which sold for £497,000 in Nov 2017.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrivale Avenue, Ilford, IG4 has a total of 25 addresses. According to our analysis of all the public data, 10, Merrivale Avenue, Ilford is the 21st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in IG4.
10, Merrivale Avenue, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2014.
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 10, Merrivale Avenue, Ilford is Redbridge station which is 700 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 10, Merrivale Avenue, Ilford, 45.4% of property is privately owned outright and 38.9% is privately owned with a mortgage.
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 10, Merrivale Avenue, Ilford, 23.4% of residents are recorded as possessing school level qualifications and 43.9% 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 10, Merrivale Avenue, Ilford, the average age was 38.6 and the most common age was 42.
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 10, Merrivale Avenue, Ilford, 0.3% 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 10, Merrivale Avenue, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.