According to the public record, 256, Mortlake Road, Ilford is a period freehold house with 796 ft2 of internal area and sits on a 170 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mortlake Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
256, Mortlake Road, Ilford has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated August 2021.
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 Mortlake Road Ilford as £402,666 and the rental value as £2,148 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 256 Mortlake Road Ilford has increased by £6,281 (1.6%) and its rental value has increased by £105 per month (4.9%).
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, Mortlake Road, Ilford is in very good condition we estimate a sale value of £422,799 and rental value of £2,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,479 and a rental value of £1,998 per month.
If you were able to purchase this property for the estimated value of £402,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,979 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, Mortlake Road, Ilford sits on a plot of 170m2.
We have plot size data on 20 out of 27 other houses in the postcode and 256, Mortlake Road, Ilford sits on the 6th largest plot.
According to HM Land Registry, 256, Mortlake Road, Ilford was last sold on 17 Jul 2012 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 94.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 256, Mortlake Road, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 138, Eton Road, Ilford, IG1 2UJ, a Freehold house which sold for £400,000 in Jun 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortlake Road, Ilford, IG1 has a total of 402 addresses. According to our analysis of all the public data, 256, Mortlake Road, Ilford is the 342nd largest and the 290th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in IG1.
256, Mortlake Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2021.
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, Mortlake Road, Ilford is Ilford station which is 1.4 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 256, Mortlake Road, Ilford, 43.6% of property is privately rented and 28.2% 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 256, Mortlake Road, Ilford, 37.6% of residents are recorded as possessing school level qualifications and 36.6% 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 256, Mortlake 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 256, Mortlake Road, Ilford, 0.7% 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, Mortlake Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.