According to the public record, 16, Newcastle Avenue, Ilford is a early-century freehold house with 1,205 ft2 of internal area and sits on a 292 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newcastle Avenue, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
16, Newcastle Avenue, Ilford has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated January 2023.
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 16 Newcastle Avenue Ilford as £569,741 and the rental value as £2,684 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 16 Newcastle Avenue Ilford has increased by £10,851 (1.9%) and its rental value has increased by £109 per month (4.1%).
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 16, Newcastle Avenue, Ilford is in very good condition we estimate a sale value of £598,229 and rental value of £2,818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £529,860 and a rental value of £2,496 per month.
If you were able to purchase this property for the estimated value of £569,741, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,800 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, 16, Newcastle Avenue, Ilford sits on a plot of 292m2.
We have plot size data on 17 out of 34 other houses in the postcode and 16, Newcastle Avenue, Ilford sits on the 5th largest plot.
According to HM Land Registry, 16, Newcastle Avenue, Ilford was last sold on 24 Apr 2023 for £602,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Newcastle Avenue, Ilford within a radius of 660 metres over the last 2 years.
The most recent example is 11, Longport Close, Ilford, IG6 3EF, a Freehold house which sold for £565,000 in Oct 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newcastle Avenue, Ilford, IG6 has a total of 34 addresses. According to our analysis of all the public data, 16, Newcastle Avenue, Ilford is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in IG6.
16, Newcastle Avenue, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jan 2023.
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 16, Newcastle Avenue, Ilford is Hainault station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Newcastle Avenue, Ilford, 34.0% of property is privately owned outright and 30.1% 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, Newcastle Avenue, Ilford, 19.6% of residents are recorded as possessing school level qualifications and 29.1% 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, Newcastle Avenue, Ilford, the average age was 35.7 and the most common age was 32.
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, Newcastle Avenue, 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, Newcastle Avenue, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.