According to the public record, 23, Mendip Road, Ilford is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 241 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mendip Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
23, Mendip Road, Ilford has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated November 2016.
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 23 Mendip Road Ilford as £505,675 and the rental value as £2,715 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 23 Mendip Road Ilford has increased by £12,544 (2.5%) and its rental value has increased by £135 per month (5.0%).
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 23, Mendip Road, Ilford is in very good condition we estimate a sale value of £530,959 and rental value of £2,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,278 and a rental value of £2,525 per month.
If you were able to purchase this property for the estimated value of £505,675, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,485 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, 23, Mendip Road, Ilford sits on a plot of 241m2.
We have plot size data on 19 out of 30 other houses in the postcode and 23, Mendip Road, Ilford sits on the 7th largest plot.
According to HM Land Registry, 23, Mendip Road, Ilford was last sold on 20 Jun 2019 for £476,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 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 23, Mendip Road, Ilford within a radius of 560 metres over the last 2 years.
The most recent example is 58, Oaks Lane, Ilford, IG2 7PW, a Freehold house which sold for £525,000 in Dec 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mendip Road, Ilford, IG2 has a total of 30 addresses. According to our analysis of all the public data, 23, Mendip Road, Ilford is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in IG2.
23, Mendip Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2016.
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 23, Mendip Road, Ilford is Newbury Park station which is 400 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 23, Mendip Road, Ilford, 32.4% of property is privately owned outright and 29.4% 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 23, Mendip Road, Ilford, 22.8% of residents are recorded as possessing school level qualifications and 48.2% 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 23, Mendip Road, 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 23, Mendip Road, Ilford, 0.2% 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 23, Mendip Road, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.