According to the public record, 265, The Drive, Ilford is a period freehold house with 1,668 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Drive, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
265, The Drive, Ilford has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated November 2013.
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 265 The Drive Ilford as £743,175 and the rental value as £2,884 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 265 The Drive Ilford has decreased by £103 (0.0%) and its rental value has increased by £31 per month (1.1%).
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 265, The Drive, Ilford is in very good condition we estimate a sale value of £780,334 and rental value of £3,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £691,153 and a rental value of £2,683 per month.
If you were able to purchase this property for the estimated value of £743,175, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,652 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, 265, The Drive, Ilford sits on a plot of 237m2.
We have plot size data on 13 out of 22 other houses in the postcode and 265, The Drive, Ilford sits on the 9th largest plot.
According to HM Land Registry, 265, The Drive, Ilford was last sold on 04 Apr 2014 for £452,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 265, The Drive, Ilford within a radius of 550 metres over the last 2 years.
The most recent example is 269, The Drive, Ilford, IG1 3PN, a Freehold house which sold for £755,000 in Dec 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Ilford, IG1 has a total of 353 addresses. According to our analysis of all the public data, 265, The Drive, Ilford is the 76th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £318k more expensive than the average property in IG1.
265, The Drive, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 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 265, The Drive, Ilford is Redbridge station which is 600 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 265, The Drive, Ilford, 33.8% of property is privately owned outright and 27.2% 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 265, The Drive, Ilford, 19.1% of residents are recorded as possessing school level qualifications and 35.0% 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 265, The Drive, Ilford, the average age was 37.5 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 265, The Drive, 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 265, The Drive, 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.