According to the public record, 114, Herent Drive, Ilford is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Herent Drive, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
114, Herent Drive, Ilford has a single entry in the Land Registry database from March 2008 and a single entry in the EPC database dated October 2017.
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 114 Herent Drive Ilford as £645,232 and the rental value as £2,500 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 114 Herent Drive Ilford has increased by £12,355 (1.9%) and its rental value has increased by £43 per month (1.7%).
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 114, Herent Drive, Ilford is in very good condition we estimate a sale value of £677,494 and rental value of £2,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,066 and a rental value of £2,325 per month.
If you were able to purchase this property for the estimated value of £645,232, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,171 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, 114, Herent Drive, Ilford sits on a plot of 327m2.
We have plot size data on 21 out of 28 other houses in the postcode and 114, Herent Drive, Ilford sits on the 4th largest plot.
According to HM Land Registry, 114, Herent Drive, Ilford was last sold on 10 Mar 2008 for £397,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 89.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114, Herent Drive, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 122, Herent Drive, Ilford, IG5 0HQ, a Freehold house which sold for £716,000 in Jan 2024.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herent Drive, Ilford, IG5 has a total of 230 addresses. According to our analysis of all the public data, 114, Herent Drive, Ilford is the 91st largest and the 74th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in IG5.
114, Herent Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 114, Herent Drive, Ilford is Gants Hill station which is 1.4 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 114, Herent Drive, Ilford, 53.6% of property is privately owned with a mortgage and 33.6% 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 114, Herent Drive, Ilford, 29.3% of residents are recorded as possessing school level qualifications and 41.5% 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 114, Herent Drive, 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 114, Herent Drive, 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 114, Herent Drive, Ilford, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.