According to the public record, 24, Derwent Gardens, Ilford is a early-century freehold house with 1,119 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Derwent Gardens, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
24, Derwent Gardens, Ilford has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated May 2019.
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 24 Derwent Gardens Ilford as £617,239 and the rental value as £2,276 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 24 Derwent Gardens Ilford has increased by £16,622 (2.7%) and its rental value has increased by £67 per month (2.9%).
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 24, Derwent Gardens, Ilford is in very good condition we estimate a sale value of £648,101 and rental value of £2,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,033 and a rental value of £2,116 per month.
If you were able to purchase this property for the estimated value of £617,239, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,034 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, 24, Derwent Gardens, Ilford sits on a plot of 272m2.
We have plot size data on 24 out of 41 other houses in the postcode and 24, Derwent Gardens, Ilford sits on the 22nd largest plot.
According to HM Land Registry, 24, Derwent Gardens, Ilford was last sold on 16 Sep 2019 for £565,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Derwent Gardens, Ilford within a radius of 570 metres over the last 2 years.
The most recent example is 16, Derwent Gardens, Ilford, IG4 5NA, a Freehold house which sold for £580,000 in Aug 2023.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Gardens, Ilford, IG4 has a total of 41 addresses. According to our analysis of all the public data, 24, Derwent Gardens, Ilford is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in IG4.
24, Derwent Gardens, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 May 2019.
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 24, Derwent Gardens, Ilford is Redbridge station which is 900 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 24, Derwent Gardens, Ilford, 50.0% of property is privately owned with a mortgage and 39.3% 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 24, Derwent Gardens, Ilford, 25.5% of residents are recorded as possessing school level qualifications and 44.0% 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 24, Derwent Gardens, Ilford, the average age was 38.6 and the most common age was 42.
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 24, Derwent Gardens, 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 24, Derwent Gardens, 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.