According to the public record, 16, Marlands Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,267 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Marlands Road, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
16, Marlands Road, Ilford has 21 entries in the Land Registry database, most recently in October 2007 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 16 Marlands Road Ilford as £645,764 and the rental value as £2,503 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 16 Marlands Road Ilford has increased by £13,757 (2.1%) and its rental value has increased by £49 per month (2.0%).
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 16, Marlands Road, Ilford is in very good condition we estimate a sale value of £678,052 and rental value of £2,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,561 and a rental value of £2,328 per month.
If you were able to purchase this property for the estimated value of £645,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,174 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, 16, Marlands Road, Ilford was last sold on 15 Oct 2007 for £380,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 81.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Marlands Road, Ilford within a radius of 610 metres over the last 2 years.
The most recent example is 6, Marlands Road, Ilford, IG5 0JL, a Freehold house which sold for £620,000 in Nov 2021.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlands Road, Ilford, IG5 has a total of 96 addresses. According to our analysis of all the public data, 16, Marlands Road, Ilford is the 52nd largest and the 50th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in IG5.
The closest station to 16, Marlands Road, Ilford is Redbridge 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 16, Marlands Road, Ilford, 43.0% of property is privately owned outright and 43.0% 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 16, Marlands Road, Ilford, 25.7% of residents are recorded as possessing school level qualifications and 43.6% 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 16, Marlands Road, 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 16, Marlands 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 16, Marlands Road, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.