According to the public record, 3, Marston Road, Ilford is a mid-century freehold house with 861 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marston Road, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
3, Marston Road, Ilford has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated July 2019.
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 3 Marston Road Ilford as £493,482 and the rental value as £2,104 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Marston Road Ilford has increased by £13,387 (2.7%) and its rental value has increased by £58 per month (2.8%).
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 3, Marston Road, Ilford is in very good condition we estimate a sale value of £518,156 and rental value of £2,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,938 and a rental value of £1,957 per month.
If you were able to purchase this property for the estimated value of £493,482, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,425 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, 3, Marston Road, Ilford sits on a plot of 176m2.
We have plot size data on 9 out of 16 other houses in the postcode and 3, Marston Road, Ilford sits on the 5th largest plot.
According to HM Land Registry, 3, Marston Road, Ilford was last sold on 07 Oct 2022 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marston Road, Ilford within a radius of 640 metres over the last 2 years.
The most recent example is 21, Marston Road, Ilford, IG5 0LZ, a Freehold house which sold for £493,000 in Oct 2021.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marston Road, Ilford, IG5 has a total of 38 addresses. According to our analysis of all the public data, 3, Marston Road, Ilford is the 34th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in IG5.
3, Marston Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2019.
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 3, Marston Road, Ilford is South Woodford station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Marston Road, Ilford, 49.2% of property is privately owned with a mortgage and 39.7% 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 3, Marston Road, Ilford, 23.9% of residents are recorded as possessing school level qualifications and 37.7% 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 3, Marston Road, Ilford, the average age was 38.6 and the most common age was 42.
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 3, Marston Road, Ilford, 0.9% 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 3, Marston Road, Ilford, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.