According to the public record, 140, Herent Drive, Ilford is a early-century freehold house with 1,614 ft2 of internal area and sits on a 300 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.
140, Herent Drive, Ilford has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated August 2018.
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 140 Herent Drive Ilford as £726,688 and the rental value as £2,656 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 140 Herent Drive Ilford has increased by £13,914 (1.9%) and its rental value has increased by £46 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 140, Herent Drive, Ilford is in very good condition we estimate a sale value of £763,022 and rental value of £2,789 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £675,820 and a rental value of £2,470 per month.
If you were able to purchase this property for the estimated value of £726,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,571 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, 140, Herent Drive, Ilford sits on a plot of 300m2.
We have plot size data on 14 out of 26 other houses in the postcode and 140, Herent Drive, Ilford sits on the 7th largest plot.
According to HM Land Registry, 140, Herent Drive, Ilford was last sold on 25 Feb 2022 for £629,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 140, Herent Drive, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 226, Clayhall Avenue, Ilford, IG5 0LD, a Freehold house which sold for £795,000 in Feb 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, 140, Herent Drive, Ilford is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in IG5.
140, Herent Drive, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Aug 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 140, Herent Drive, Ilford is Gants Hill station which is 1.5 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 140, Herent Drive, Ilford, 52.0% of property is privately owned with a mortgage and 32.5% 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 140, Herent Drive, Ilford, 26.1% of residents are recorded as possessing school level qualifications and 46.6% 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 140, 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 140, Herent Drive, Ilford, 0.5% 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 140, Herent Drive, Ilford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.