According to the public record, 27, Waremead Road, Ilford is a early-century freehold house with 1,194 ft2 of internal area and sits on a 261 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Waremead Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
27, Waremead Road, Ilford has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated March 2018.
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 27 Waremead Road Ilford as £581,476 and the rental value as £2,893 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 27 Waremead Road Ilford has increased by £9,572 (1.6%) and its rental value has increased by £110 per month (3.8%).
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 27, Waremead Road, Ilford is in very good condition we estimate a sale value of £610,550 and rental value of £3,038 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £540,773 and a rental value of £2,690 per month.
If you were able to purchase this property for the estimated value of £581,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,858 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, 27, Waremead Road, Ilford sits on a plot of 261m2.
We have plot size data on 10 out of 22 other houses in the postcode and 27, Waremead Road, Ilford sits on the 3rd largest plot.
According to HM Land Registry, 27, Waremead Road, Ilford was last sold on 06 Jul 2018 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Waremead Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 157, Roll Gardens, Ilford, IG2 6TL, a Freehold house which sold for £582,000 in Jul 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waremead Road, Ilford, IG2 has a total of 32 addresses. According to our analysis of all the public data, 27, Waremead Road, Ilford is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in IG2.
27, Waremead Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2018.
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 27, Waremead Road, Ilford is Gants Hill station which is 400 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 27, Waremead Road, Ilford, 36.8% of property is privately rented and 32.6% 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 27, Waremead Road, Ilford, 26.8% of residents are recorded as possessing school level qualifications and 49.8% 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 27, Waremead Road, Ilford, the average age was 35.8 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 27, Waremead Road, Ilford, 0.5% 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 27, Waremead 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.