According to the public record, 171, Westwood Road, Ilford is a period freehold house with 871 ft2 of internal area and sits on a 169 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Westwood Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
171, Westwood Road, Ilford has 51 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated August 2019.
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 171 Westwood Road Ilford as £411,250 and the rental value as £2,254 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 171 Westwood Road Ilford has increased by £2,790 (0.7%) and its rental value has increased by £97 per month (4.3%).
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 171, Westwood Road, Ilford is in very good condition we estimate a sale value of £431,812 and rental value of £2,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,462 and a rental value of £2,096 per month.
If you were able to purchase this property for the estimated value of £411,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,021 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, 171, Westwood Road, Ilford sits on a plot of 169m2.
We have plot size data on 28 out of 40 other houses in the postcode and 171, Westwood Road, Ilford sits on the 12th largest plot.
According to HM Land Registry, 171, Westwood Road, Ilford was last sold on 07 Feb 2020 for £382,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Feb 2020, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 171, Westwood Road, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 161, Westwood Road, Ilford, IG3 8SE, a Freehold house which sold for £400,000 in Aug 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westwood Road, Ilford, IG3 has a total of 223 addresses. According to our analysis of all the public data, 171, Westwood Road, Ilford is the 164th largest and the 185th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in IG3.
171, Westwood Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2019.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 171, Westwood Road, Ilford is Goodmayes station which is 600 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 171, Westwood Road, Ilford, 37.7% of property is privately owned outright and 29.8% is privately rented.
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 171, Westwood Road, Ilford, 30.1% of residents are recorded as possessing school level qualifications and 36.2% 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 171, Westwood Road, Ilford, the average age was 34.6 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 171, Westwood Road, Ilford, 0.5% 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 171, Westwood Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.