According to the public record, 2, Watts Mews, Ilford is a modern freehold house with 1,140 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Watts Mews, Barkingside, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
2, Watts Mews, Ilford has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated June 2015.
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 Watts Mews Ilford as £520,561 and the rental value as £2,534 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Watts Mews Ilford has increased by £6,387 (1.2%) and its rental value has increased by £77 per month (3.0%).
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, Watts Mews, Ilford is in very good condition we estimate a sale value of £546,590 and rental value of £2,661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,122 and a rental value of £2,357 per month.
If you were able to purchase this property for the estimated value of £520,561, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,558 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, Watts Mews, Ilford sits on a plot of 137m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Watts Mews, Ilford sits on the 3rd largest plot.
According to HM Land Registry, 2, Watts Mews, Ilford was last sold on 17 Jul 2015 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 27.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Watts Mews, Ilford within a radius of 570 metres over the last 2 years.
The most recent example is 388, Horns Road, Ilford, IG6 1BT, a Freehold house which sold for £535,000 in Aug 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watts Mews, Barkingside, Ilford, IG6 has a total of 3 addresses. According to our analysis of all the public data, 2, Watts Mews, Ilford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in IG6.
2, Watts Mews, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Watts Mews, Ilford is Barkingside station which is 200 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 2, Watts Mews, Ilford, 36.8% of property is privately rented and 22.9% is socially 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 2, Watts Mews, Ilford, 23.5% of residents are recorded as possessing school level qualifications and 47.5% 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, Watts Mews, Ilford, the average age was 36.6 and the most common age was 27.
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, Watts Mews, Ilford, 0.4% 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, Watts Mews, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.