According to the public record, 25, Meldrum Road, Ilford is a period house with 1,345 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Meldrum Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
25, Meldrum Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2019.
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 Meldrum Road Ilford as £574,910 and the rental value as £2,743 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 25 Meldrum Road Ilford has decreased by £3,294 (0.6%) and its rental value has increased by £82 per month (3.0%).
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 25, Meldrum Road, Ilford is in very good condition we estimate a sale value of £603,655 and rental value of £2,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,666 and a rental value of £2,551 per month.
If you were able to purchase this property for the estimated value of £574,910, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,826 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, Meldrum Road, Ilford sits on a plot of 421m2.
We have plot size data on 22 out of 37 other houses in the postcode and 25, Meldrum Road, Ilford sits on the largest plot.
According to HM Land Registry, 25, Meldrum Road, Ilford was last sold on 22 Oct 2002 for £228,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Meldrum Road, Ilford within a radius of 550 metres over the last 2 years.
The most recent example is 8, Meldrum Road, Ilford, IG3 9PQ, a Freehold house which sold for £485,000 in May 2017.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meldrum Road, Ilford, IG3 has a total of 38 addresses. According to our analysis of all the public data, 25, Meldrum Road, Ilford is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in IG3.
25, Meldrum Road, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Sep 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 25, Meldrum Road, Ilford is Goodmayes 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 25, Meldrum Road, Ilford, 48.3% of property is privately rented and 25.0% 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 25, Meldrum Road, Ilford, 21.7% of residents are recorded as possessing school level qualifications and 52.3% 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 25, Meldrum Road, Ilford, the average age was 34.2 and the most common age was 37.
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, Meldrum Road, Ilford, 0.6% 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, Meldrum Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.