According to the public record, 162, Redbridge Lane East, Ilford is a early-century freehold house with 1,506 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.
Redbridge Lane East, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
162, Redbridge Lane East, Ilford has 21 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated July 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 162 Redbridge Lane East Ilford as £660,303 and the rental value as £2,585 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 162 Redbridge Lane East Ilford has increased by £13,935 (2.1%) and its rental value has increased by £69 per month (2.7%).
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 162, Redbridge Lane East, Ilford is in very good condition we estimate a sale value of £693,318 and rental value of £2,715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,081 and a rental value of £2,404 per month.
If you were able to purchase this property for the estimated value of £660,303, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,245 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, 162, Redbridge Lane East, Ilford sits on a plot of 292m2.
We have plot size data on 12 out of 18 other houses in the postcode and 162, Redbridge Lane East, Ilford sits on the 8th largest plot.
According to HM Land Registry, 162, Redbridge Lane East, Ilford was last sold on 11 Apr 2014 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Redbridge Lane East, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 158, Redbridge Lane East, Ilford, IG4 5BT, a Freehold house which sold for £649,250 in Oct 2022.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redbridge Lane East, Ilford, IG4 has a total of 247 addresses. According to our analysis of all the public data, 162, Redbridge Lane East, Ilford is the 36th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in IG4.
162, Redbridge Lane East, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 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 162, Redbridge Lane East, Ilford is Redbridge station which is 400 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 162, Redbridge Lane East, Ilford, 44.8% of property is privately owned outright and 40.8% 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 162, Redbridge Lane East, Ilford, 23.6% of residents are recorded as possessing school level qualifications and 46.8% 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 162, Redbridge Lane East, 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 162, Redbridge Lane East, Ilford, 0.6% 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 162, Redbridge Lane East, 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.