According to the public record, 234, Cranbrook Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,774 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Cranbrook Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
234, Cranbrook Road, Ilford has a single entry in the Land Registry database from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 234 Cranbrook Road Ilford as £601,634 and the rental value as £3,059 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 234 Cranbrook Road Ilford has decreased by £2,304 (0.4%) and its rental value has increased by £58 per month (1.9%).
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 234, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £631,716 and rental value of £3,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £559,520 and a rental value of £2,845 per month.
If you were able to purchase this property for the estimated value of £601,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,957 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 HM Land Registry, 234, Cranbrook Road, Ilford was last sold on 01 Feb 2007 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 86.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 234, Cranbrook Road, Ilford within a radius of 550 metres over the last 2 years.
The most recent example is 14, St. Edmunds Road, Ilford, IG1 3QL, a Freehold house which sold for £612,500 in Feb 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Road, Ilford, IG1 has a total of 328 addresses. According to our analysis of all the public data, 234, Cranbrook Road, Ilford is the 38th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £177k more expensive than the average property in IG1.
The closest station to 234, Cranbrook Road, Ilford is Gants Hill station which is 800 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 234, Cranbrook Road, Ilford, 43.5% of property is privately owned outright and 39.8% is privately owned with a mortgage.
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 234, Cranbrook Road, Ilford, 24.1% of residents are recorded as possessing school level qualifications and 50.9% 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 234, Cranbrook Road, Ilford, the average age was 37.5 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 234, Cranbrook Road, Ilford, 1.0% 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 234, Cranbrook Road, Ilford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.