According to the public record, 194, Richmond Road, Ilford is a period house with 1,560 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Richmond Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
194, Richmond Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
We combine this information with public data 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 194 Richmond Road Ilford as £523,854 and the rental value as £2,670 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 194 Richmond Road Ilford has increased by £4,976 (0.9%) and its rental value has increased by £103 per month (3.9%).
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 194, Richmond Road, Ilford is in very good condition we estimate a sale value of £550,047 and rental value of £2,804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,185 and a rental value of £2,483 per month.
If you were able to purchase this property for the estimated value of £523,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,575 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, 194, Richmond Road, Ilford sits on a plot of 167m2.
We have plot size data on 17 out of 21 other houses in the postcode and 194, Richmond Road, Ilford sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 194, Richmond Road, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 134, Mortlake Road, Ilford, IG1 2SZ, a Freehold house which sold for £499,950 in Mar 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Ilford, IG1 has a total of 256 addresses. According to our analysis of all the public data, 194, Richmond Road, Ilford is the 23rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in IG1.
194, Richmond Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2014.
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 194, Richmond Road, Ilford is Ilford station which is 1.2 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 194, Richmond Road, Ilford, 55.5% of property is privately rented and 23.4% 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 194, Richmond Road, Ilford, 28.3% of residents are recorded as possessing school level qualifications and 32.4% 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 194, Richmond Road, Ilford, the average age was 33.7 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 194, Richmond Road, 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 194, Richmond Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.