According to the public record, 248, Thorold Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,112 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Thorold Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
248, Thorold Road, Ilford has 21 entries in the Land Registry database, most recently in October 2011 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 248 Thorold Road Ilford as £523,362 and the rental value as £2,478 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 248 Thorold Road Ilford has increased by £10,146 (1.9%) and its rental value has increased by £117 per month (4.7%).
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 248, Thorold Road, Ilford is in very good condition we estimate a sale value of £549,530 and rental value of £2,602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £486,727 and a rental value of £2,304 per month.
If you were able to purchase this property for the estimated value of £523,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,572 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, 248, Thorold Road, Ilford was last sold on 07 Oct 2011 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2011, the market for similar properties has risen 97.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 248, Thorold Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 232, Thorold Road, Ilford, IG1 4HA, a Freehold house which sold for £575,000 in Jan 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorold Road, Ilford, IG1 has a total of 442 addresses. According to our analysis of all the public data, 248, Thorold Road, Ilford is the 270th largest and the 227th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in IG1.
The closest station to 248, Thorold Road, Ilford is Ilford 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 248, Thorold Road, Ilford, 48.6% of property is privately rented and 23.6% 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 248, Thorold Road, Ilford, 27.2% of residents are recorded as possessing school level qualifications and 38.3% 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 248, Thorold Road, Ilford, the average age was 35 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 248, Thorold Road, 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 248, Thorold Road, 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.