15, Vernon Road, Ilford has a single entry in the Land Registry database from November 2018 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.
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 15, Vernon Road, Ilford is in very good condition we estimate a sale value of £502,823 and rental value of £2,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,358 and a rental value of £2,359 per month.
If you were able to purchase this property for the estimated value of £478,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,354 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, 15, Vernon Road, Ilford was last sold on 09 Nov 2018 for £422,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Vernon Road, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 46, Felbrigge Road, Ilford, IG3 8DP, a Freehold house which sold for £510,000 in Jan 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Road, Ilford, IG3 has a total of 94 addresses. According to our analysis of all the public data, 15, Vernon Road, Ilford is the 56th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in IG3.
According to the public record, 15, Vernon Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,148 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Vernon Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Vernon Road Ilford as £478,879 and the rental value as £2,537 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 15 Vernon Road Ilford has decreased by £578 (0.1%) and its rental value has increased by £81 per month (3.2%).
The closest station to 15, Vernon Road, Ilford is Seven Kings station which is 100 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 15, Vernon Road, Ilford, 37.4% of property is privately rented and 33.1% 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 15, Vernon Road, Ilford, 23.3% of residents are recorded as possessing school level qualifications and 30.5% 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 15, Vernon Road, Ilford, the average age was 34.2 and the most common age was 37.
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 15, Vernon Road, Ilford, 0.0% 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 15, Vernon 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.