According to the public record, 11, Torbitt Way, Ilford is a modern leasehold house with 645 ft2 of internal area and sits on a 110 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Torbitt Way, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
11, Torbitt Way, Ilford has 21 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated April 2023.
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 11 Torbitt Way Ilford as £372,237 and the rental value as £2,066 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 11 Torbitt Way Ilford has increased by £10,529 (2.8%) and its rental value has increased by £113 per month (5.5%).
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 11, Torbitt Way, Ilford is in very good condition we estimate a sale value of £390,848 and rental value of £2,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,180 and a rental value of £1,921 per month.
If you were able to purchase this property for the estimated value of £372,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,829 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, 11, Torbitt Way, Ilford sits on a plot of 110m2.
We have plot size data on 20 out of 23 other houses in the postcode and 11, Torbitt Way, Ilford sits on the 11th largest plot.
According to HM Land Registry, 11, Torbitt Way, Ilford was last sold on 03 Nov 2023 for £355,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Torbitt Way, Ilford within a radius of 630 metres over the last 2 years.
The most recent example is 27, Torbitt Way, Ilford, IG2 7TA, a Freehold house which sold for £380,000 in Feb 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Torbitt Way, Ilford, IG2 has a total of 32 addresses. According to our analysis of all the public data, 11, Torbitt Way, Ilford is the 10th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in IG2.
11, Torbitt Way, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 2023.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 11, Torbitt Way, Ilford is Newbury Park 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 11, Torbitt Way, Ilford, 37.2% of property is privately owned with a mortgage and 32.2% 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 11, Torbitt Way, Ilford, 20.3% of residents are recorded as possessing school level qualifications and 42.1% 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 11, Torbitt Way, Ilford, the average age was 36.6 and the most common age was 27.
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 11, Torbitt Way, 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 11, Torbitt Way, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.