According to the public record, 16, Southwood Gardens, Ilford is a early-century freehold house with 1,442 ft2 of internal area and sits on a 254 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southwood Gardens, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
16, Southwood Gardens, Ilford has 21 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated April 2016.
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 Southwood Gardens Ilford as £688,510 and the rental value as £3,066 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 16 Southwood Gardens Ilford has increased by £10,061 (1.5%) and its rental value has increased by £85 per month (2.8%).
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, Southwood Gardens, Ilford is in very good condition we estimate a sale value of £722,935 and rental value of £3,219 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £640,314 and a rental value of £2,851 per month.
If you were able to purchase this property for the estimated value of £688,510, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,384 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, Southwood Gardens, Ilford sits on a plot of 254m2.
We have plot size data on 21 out of 34 other houses in the postcode and 16, Southwood Gardens, Ilford sits on the 13th largest plot.
According to HM Land Registry, 16, Southwood Gardens, Ilford was last sold on 14 Nov 2016 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Southwood Gardens, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 13, Rosedene Gardens, Ilford, IG2 6YE, a Freehold house which sold for £590,000 in Jan 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwood Gardens, Ilford, IG2 has a total of 34 addresses. According to our analysis of all the public data, 16, Southwood Gardens, Ilford is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in IG2.
16, Southwood Gardens, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Apr 2016.
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, Southwood Gardens, Ilford is Gants Hill station which is 700 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 16, Southwood Gardens, Ilford, 37.6% of property is privately owned outright and 37.6% 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 16, Southwood Gardens, Ilford, 23.3% 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 16, Southwood Gardens, Ilford, the average age was 35.8 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, Southwood Gardens, 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, Southwood Gardens, 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.