According to the public record, 293, The Drive, Ilford is a period freehold house with 1,954 ft2 of internal area and sits on a 373 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.
293, The Drive, Ilford has 21 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated October 2011.
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 293 The Drive Ilford as £813,872 and the rental value as £3,159 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 293 The Drive Ilford has decreased by £113 (0.0%) and its rental value has increased by £33 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 293, The Drive, Ilford is in very good condition we estimate a sale value of £854,565 and rental value of £3,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £756,901 and a rental value of £2,938 per month.
If you were able to purchase this property for the estimated value of £813,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,000 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, 293, The Drive, Ilford sits on a plot of 373m2.
We have plot size data on 13 out of 22 other houses in the postcode and 293, The Drive, Ilford sits on the 4th largest plot.
According to HM Land Registry, 293, The Drive, Ilford was last sold on 30 Oct 2020 for £775,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 293, The Drive, Ilford within a radius of 540 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, 293, The Drive, Ilford is the 44th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £389k more expensive than the average property in IG1.
293, The Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2011.
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 293, 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 293, 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 293, 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 293, 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 293, 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 293, 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.