According to the public record, 17, Parkway, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,190 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Parkway, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
17, Parkway, Ilford has a single entry in the Land Registry database from September 2010 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 17 Parkway Ilford as £943,394 and the rental value as £3,456 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 17 Parkway Ilford has decreased by £14,162 (1.5%) and its rental value has increased by £63 per month (1.8%).
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 17, Parkway, Ilford is in very good condition we estimate a sale value of £990,563 and rental value of £3,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £877,356 and a rental value of £3,214 per month.
If you were able to purchase this property for the estimated value of £943,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,636 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, 17, Parkway, Ilford was last sold on 03 Sep 2010 for £640,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 75.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Parkway, Ilford within a radius of 550 metres over the last 2 years.
The most recent example is 10, Parkway, Ilford, IG3 9HU, a Freehold house which sold for £850,000 in Mar 2022.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkway, Ilford, IG3 has a total of 50 addresses. According to our analysis of all the public data, 17, Parkway, Ilford is the 8th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £477k more expensive than the average property in IG3.
The closest station to 17, Parkway, Ilford is Seven Kings station which is 1.0 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 17, Parkway, Ilford, 34.5% of property is privately owned with a mortgage and 31.7% 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 17, Parkway, Ilford, 19.6% of residents are recorded as possessing school level qualifications and 38.9% 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 17, Parkway, Ilford, the average age was 34.7 and the most common age was 12.
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 17, Parkway, 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 17, Parkway, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.