According to the public record, 107, Park Road, Ilford is a period freehold house with 1,270 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
107, Park Road, Ilford has 21 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated April 2015.
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 107 Park Road Ilford as £520,421 and the rental value as £2,609 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 107 Park Road Ilford has increased by £5,805 (1.1%) and its rental value has increased by £109 per month (4.2%).
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 107, Park Road, Ilford is in very good condition we estimate a sale value of £546,443 and rental value of £2,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,992 and a rental value of £2,426 per month.
If you were able to purchase this property for the estimated value of £520,421, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,558 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, 107, Park Road, Ilford sits on a plot of 187m2.
We have plot size data on 10 out of 12 other houses in the postcode and 107, Park Road, Ilford sits on the 6th largest plot.
According to HM Land Registry, 107, Park Road, Ilford was last sold on 28 Feb 2020 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2020, 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 107, Park Road, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 91, Park Road, Ilford, IG1 1SG, a Freehold house which sold for £526,500 in Aug 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Ilford, IG1 has a total of 136 addresses. According to our analysis of all the public data, 107, Park Road, Ilford is the 36th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in IG1.
107, Park Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2015.
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 107, Park Road, Ilford is Ilford station which is 1.2 kilometres 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 107, Park Road, Ilford, 40.2% of property is privately rented and 26.0% 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 107, Park Road, Ilford, 28.4% of residents are recorded as possessing school level qualifications and 32.9% 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 107, Park 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 107, Park Road, 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 107, Park Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.