According to the public record, 278, Fencepiece Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,100 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Fencepiece Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
278, Fencepiece Road, Ilford has 2 entries in the Land Registry database, most recently in March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 278 Fencepiece Road Ilford as £577,937 and the rental value as £2,610 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 278 Fencepiece Road Ilford has increased by £12,496 (2.2%) and its rental value has increased by £89 per month (3.4%).
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 278, Fencepiece Road, Ilford is in very good condition we estimate a sale value of £606,834 and rental value of £2,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £537,481 and a rental value of £2,427 per month.
If you were able to purchase this property for the estimated value of £577,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,840 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 HM Land Registry, 278, Fencepiece Road, Ilford was last sold on 31 Mar 2008 for £305,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2008, the market for similar properties has risen 98.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 278, Fencepiece Road, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 167, Fencepiece Road, Ilford, IG6 2TG, a Freehold house which sold for £460,000 in Mar 2021.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fencepiece Road, Ilford, IG6 has a total of 309 addresses. According to our analysis of all the public data, 278, Fencepiece Road, Ilford is the 57th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in IG6.
The closest station to 278, Fencepiece Road, Ilford is Hainault station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 278, Fencepiece Road, Ilford, 41.7% of property is privately owned with a mortgage and 33.0% 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 278, Fencepiece Road, Ilford, 20.4% of residents are recorded as possessing school level qualifications and 39.5% 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 278, Fencepiece Road, Ilford, the average age was 37.1 and the most common age was 37.
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 278, Fencepiece 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 278, Fencepiece 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.