According to the public record, 3, Wessex Close, Ilford is a mid-century house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wessex Close, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
3, Wessex Close, Ilford has no records in the Land Registry database and a single entry in the EPC database dated August 2015.
We combine this information with public data 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 Wessex Close Ilford as £421,559 and the rental value as £2,308 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Wessex Close Ilford has increased by £4,884 (1.2%) and its rental value has increased by £93 per month (4.0%).
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, Wessex Close, Ilford is in very good condition we estimate a sale value of £442,637 and rental value of £2,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,050 and a rental value of £2,146 per month.
If you were able to purchase this property for the estimated value of £421,559, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,072 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Wessex Close, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 74, Hertford Road, Ilford, IG2 7HE, a Freehold house which sold for £440,000 in Feb 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wessex Close, Ilford, IG3 has a total of 32 addresses. According to our analysis of all the public data, 3, Wessex Close, Ilford is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in IG3.
3, Wessex Close, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2015.
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, Wessex Close, Ilford is Newbury Park 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 3, Wessex Close, Ilford, 31.8% of property is privately rented and 27.9% is socially rented.
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, Wessex Close, Ilford, 29.5% of residents are recorded as possessing school level qualifications and 35.5% 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 3, Wessex Close, Ilford, the average age was 36.7 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, Wessex Close, 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 3, Wessex Close, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.