According to the public record, 138, Richmond Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 921 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Richmond Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
138, Richmond Road, Ilford has a single entry in the Land Registry database from April 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 138 Richmond Road Ilford as £417,393 and the rental value as £2,268 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 138 Richmond Road Ilford has increased by £7,106 (1.7%) and its rental value has increased by £109 per month (4.8%).
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 138, Richmond Road, Ilford is in very good condition we estimate a sale value of £438,263 and rental value of £2,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,176 and a rental value of £2,109 per month.
If you were able to purchase this property for the estimated value of £417,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,051 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 HM Land Registry, 138, Richmond Road, Ilford was last sold on 24 Apr 2009 for £187,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 115.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 138, Richmond Road, Ilford within a radius of 370 metres over the last 2 years.
The most recent example is 161, Kingston Road, Ilford, IG1 1PE, a Freehold house which sold for £435,000 in Jun 2024.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Ilford, IG1 has a total of 256 addresses. According to our analysis of all the public data, 138, Richmond Road, Ilford is the 148th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in IG1.
The closest station to 138, Richmond Road, Ilford is Ilford station which is 1.1 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 138, Richmond Road, Ilford, 45.0% of property is privately rented and 24.8% 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 138, Richmond Road, Ilford, 27.8% of residents are recorded as possessing school level qualifications and 34.5% 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 138, Richmond 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 138, Richmond Road, 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 138, Richmond 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.