According to the public record, 2, Penhurst Road, Ilford is a early-century freehold house with 558 ft2 of internal area and sits on a 377 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Penhurst Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
2, Penhurst Road, Ilford has 21 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated March 2012.
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 2 Penhurst Road Ilford as £358,775 and the rental value as £1,829 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Penhurst Road Ilford has increased by £12,178 (3.4%) and its rental value has increased by £79 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 2, Penhurst Road, Ilford is in very good condition we estimate a sale value of £376,714 and rental value of £1,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,661 and a rental value of £1,701 per month.
If you were able to purchase this property for the estimated value of £358,775, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,763 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, 2, Penhurst Road, Ilford sits on a plot of 377m2.
We have plot size data on 12 out of 18 other houses in the postcode and 2, Penhurst Road, Ilford sits on the 2nd largest plot.
According to HM Land Registry, 2, Penhurst Road, Ilford was last sold on 28 Feb 2019 for £368,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Penhurst Road, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 61, Genas Close, Ilford, IG6 2PL, a Leasehold house which sold for £82,500 in Nov 2018.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penhurst Road, Ilford, IG6 has a total of 19 addresses. According to our analysis of all the public data, 2, Penhurst Road, Ilford is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in IG6.
2, Penhurst Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2012.
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 2, Penhurst Road, Ilford is Hainault station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Penhurst Road, Ilford, 40.2% of property is privately owned with a mortgage and 38.0% 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 2, Penhurst Road, Ilford, 20.2% of residents are recorded as possessing school level qualifications and 42.0% 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 2, Penhurst Road, Ilford, the average age was 37.1 and the most common age was 37.
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 2, Penhurst Road, Ilford, 0.3% 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 2, Penhurst Road, 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.