According to the public record, 251, Thorold Road, Ilford is a period freehold house with 1,334 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Thorold Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
251, Thorold Road, Ilford has 21 entries in the Land Registry database, most recently in December 2012 and a single entry in the EPC database dated September 2012.
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 251 Thorold Road Ilford as £540,243 and the rental value as £2,660 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 251 Thorold Road Ilford has increased by £1,625 (0.3%) and its rental value has increased by £86 per month (3.2%).
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 251, Thorold Road, Ilford is in very good condition we estimate a sale value of £567,256 and rental value of £2,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,426 and a rental value of £2,474 per month.
If you were able to purchase this property for the estimated value of £540,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,655 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, 251, Thorold Road, Ilford sits on a plot of 221m2.
We have plot size data on 19 out of 35 other houses in the postcode and 251, Thorold Road, Ilford sits on the 9th largest plot.
According to HM Land Registry, 251, Thorold Road, Ilford was last sold on 11 Dec 2012 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2012, the market for similar properties has risen 78.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 251, 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, 251, Thorold Road, Ilford is the 139th largest and the 177th most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in IG1.
251, Thorold Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 251, Thorold Road, Ilford is Seven Kings station which is 1.0 kilometres 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 251, Thorold Road, Ilford, 40.5% of property is privately owned outright and 39.7% 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 251, Thorold Road, Ilford, 27.8% of residents are recorded as possessing school level qualifications and 39.7% 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 251, Thorold Road, Ilford, the average age was 34.1 and the most common age was 17.
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 251, 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 251, Thorold Road, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.