According to the public record, 256, Ley Street, Ilford is a modern freehold house with 828 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ley Street, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
256, Ley Street, Ilford has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated May 2022.
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 256 Ley Street Ilford as £376,904 and the rental value as £2,103 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 256 Ley Street Ilford has increased by £7,306 (1.9%) and its rental value has increased by £99 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 256, Ley Street, Ilford is in very good condition we estimate a sale value of £395,750 and rental value of £2,208 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,521 and a rental value of £1,956 per month.
If you were able to purchase this property for the estimated value of £376,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,852 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, 256, Ley Street, Ilford sits on a plot of 175m2.
We have plot size data on 18 out of 22 other houses in the postcode and 256, Ley Street, Ilford sits on the 13th largest plot.
According to HM Land Registry, 256, Ley Street, Ilford was last sold on 25 Feb 2024 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 256, Ley Street, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 42, Francis Avenue, Ilford, IG1 1TS, a Freehold house which sold for £375,000 in Sep 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ley Street, Ilford, IG1 has a total of 453 addresses. According to our analysis of all the public data, 256, Ley Street, Ilford is the 162nd largest and the 154th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in IG1.
256, Ley Street, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2022.
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 256, Ley Street, 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 256, Ley Street, 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 256, Ley Street, 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 256, Ley Street, 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 256, Ley Street, 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 256, Ley Street, 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.