According to the public record, 25, Balfour Road, Ilford is a period house with 2,389 ft2 of internal area and sits on a 401 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Balfour Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
25, Balfour Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated August 2013.
We combine this information with public data 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 25 Balfour Road Ilford as £620,391 and the rental value as £3,199 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 25 Balfour Road Ilford has decreased by £2,814 (0.5%) and its rental value has increased by £73 per month (2.3%).
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 25, Balfour Road, Ilford is in very good condition we estimate a sale value of £651,411 and rental value of £3,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,964 and a rental value of £2,975 per month.
If you were able to purchase this property for the estimated value of £620,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,049 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, 25, Balfour Road, Ilford sits on a plot of 401m2.
We have plot size data on 7 out of 12 other houses in the postcode and 25, Balfour Road, Ilford sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 25, Balfour Road, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is 109, Balfour Road, Ilford, IG1 4HS, a Freehold house which sold for £690,000 in Oct 2020.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balfour Road, Ilford, IG1 has a total of 379 addresses. According to our analysis of all the public data, 25, Balfour Road, Ilford is the 8th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in IG1.
25, Balfour Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Aug 2013.
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 25, Balfour Road, Ilford is Ilford 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 25, Balfour Road, Ilford, 48.9% of property is privately rented and 29.3% 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 25, Balfour Road, Ilford, 26.6% of residents are recorded as possessing school level qualifications and 31.6% 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 25, Balfour Road, Ilford, the average age was 33.7 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 25, Balfour Road, Ilford, 0.8% 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 25, Balfour 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.