According to the public record, 116, Lynn Road, Ilford is a early-century freehold house with 828 ft2 of internal area and sits on a 32.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lynn Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
116, Lynn Road, Ilford has 21 entries in the Land Registry database, most recently in February 2015 and a single entry in the EPC database dated September 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 116 Lynn Road Ilford as £469,288 and the rental value as £2,462 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 116 Lynn Road Ilford has increased by £10,107 (2.2%) and its rental value has increased by £114 per month (4.6%).
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 116, Lynn Road, Ilford is in very good condition we estimate a sale value of £492,753 and rental value of £2,585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,438 and a rental value of £2,290 per month.
If you were able to purchase this property for the estimated value of £469,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,306 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, 116, Lynn Road, Ilford sits on a plot of 32m2.
We have plot size data on 17 out of 33 other houses in the postcode and 116, Lynn Road, Ilford sits on the 14th largest plot.
According to HM Land Registry, 116, Lynn Road, Ilford was last sold on 18 Feb 2015 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2015, the market for similar properties has risen 38.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Lynn Road, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 106A, Wards Road, Ilford, IG2 7AZ, a Freehold house which sold for £461,000 in Feb 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lynn Road, Ilford, IG2 has a total of 106 addresses. According to our analysis of all the public data, 116, Lynn Road, Ilford is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in IG2.
116, Lynn Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2023.
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 116, Lynn Road, Ilford is Newbury Park station which is 500 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 116, Lynn Road, Ilford, 44.1% of property is privately rented and 27.1% 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 116, Lynn Road, Ilford, 28.6% of residents are recorded as possessing school level qualifications and 33.2% 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 116, Lynn Road, Ilford, the average age was 36.7 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 116, Lynn Road, 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 116, Lynn 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.