According to the public record, 14, Norman Road, Ilford is a period freehold house with 914 ft2 of internal area and sits on a 131 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Norman Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
14, Norman Road, Ilford has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated June 2020.
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 14 Norman Road Ilford as £395,273 and the rental value as £2,179 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 14 Norman Road Ilford has increased by £7,710 (2.0%) and its rental value has increased by £110 per month (5.0%).
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 14, Norman Road, Ilford is in very good condition we estimate a sale value of £415,036 and rental value of £2,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,604 and a rental value of £2,026 per month.
If you were able to purchase this property for the estimated value of £395,273, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,943 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, 14, Norman Road, Ilford sits on a plot of 131m2.
We have plot size data on 28 out of 41 other houses in the postcode and 14, Norman Road, Ilford sits on the 12th largest plot.
According to HM Land Registry, 14, Norman Road, Ilford was last sold on 02 Sep 2020 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Norman Road, Ilford within a radius of 370 metres over the last 2 years.
The most recent example is 39, Hunter Road, Ilford, IG1 2NN, a Freehold house which sold for £380,000 in Aug 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norman Road, Ilford, IG1 has a total of 89 addresses. According to our analysis of all the public data, 14, Norman Road, Ilford is the 51st largest and the 58th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in IG1.
14, Norman Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 14, Norman Road, Ilford is Barking station which is 800 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 14, Norman Road, Ilford, 44.7% of property is privately rented and 30.3% 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 14, Norman Road, Ilford, 32.0% of residents are recorded as possessing school level qualifications and 30.8% 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 14, Norman Road, Ilford, the average age was 32.3 and the most common age was 12.
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 14, Norman Road, Ilford, 0.4% 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 14, Norman Road, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.