According to the public record, 142, Wellesley Road, Ilford is a period freehold house with 1,474 ft2 of internal area and sits on a 280 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wellesley Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
142, Wellesley Road, Ilford has 31 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated August 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 142 Wellesley Road Ilford as £614,743 and the rental value as £2,770 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 142 Wellesley Road Ilford has decreased by £1,794 (0.3%) and its rental value has increased by £58 per month (2.1%).
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 142, Wellesley Road, Ilford is in very good condition we estimate a sale value of £645,480 and rental value of £2,908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £571,711 and a rental value of £2,576 per month.
If you were able to purchase this property for the estimated value of £614,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,021 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, 142, Wellesley Road, Ilford sits on a plot of 280m2.
We have plot size data on 13 out of 31 other houses in the postcode and 142, Wellesley Road, Ilford sits on the 18th largest plot.
According to HM Land Registry, 142, Wellesley Road, Ilford was last sold on 25 Sep 2020 for £475,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2020, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 142, Wellesley Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 81, Wellesley Road, Ilford, IG1 4LJ, a Freehold house which sold for £554,800 in Jun 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellesley Road, Ilford, IG1 has a total of 272 addresses. According to our analysis of all the public data, 142, Wellesley Road, Ilford is the 57th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in IG1.
142, Wellesley Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2020.
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 142, Wellesley Road, Ilford is Ilford station which is 900 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 142, Wellesley Road, Ilford, 33.3% of property is privately owned outright and 32.6% 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 142, Wellesley Road, Ilford, 25.3% of residents are recorded as possessing school level qualifications and 47.0% 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 142, Wellesley Road, Ilford, the average age was 35 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 142, Wellesley Road, Ilford, 0.7% 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 142, Wellesley Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.