According to the public record, 307, Mortlake Road, Ilford is a period freehold house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mortlake Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
307, Mortlake Road, Ilford has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated January 2021.
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 307 Mortlake Road Ilford as £390,314 and the rental value as £2,158 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 307 Mortlake Road Ilford has increased by £5,263 (1.3%) and its rental value has increased by £100 per month (4.6%).
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 307, Mortlake Road, Ilford is in very good condition we estimate a sale value of £409,830 and rental value of £2,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,992 and a rental value of £2,007 per month.
If you were able to purchase this property for the estimated value of £390,314, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,918 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, 307, Mortlake Road, Ilford was last sold on 28 Jul 2021 for £387,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 307, Mortlake Road, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 322, Mortlake Road, Ilford, IG1 2TG, a Freehold house which sold for £425,000 in Apr 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortlake Road, Ilford, IG1 has a total of 402 addresses. According to our analysis of all the public data, 307, Mortlake Road, Ilford is the 296th largest and the 326th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in IG1.
307, Mortlake Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jan 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 307, Mortlake Road, Ilford is Seven Kings station which is 1.3 kilometres 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 307, Mortlake Road, Ilford, 34.1% of property is privately rented and 31.8% 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 307, Mortlake Road, Ilford, 31.8% 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 307, Mortlake Road, Ilford, the average age was 34.7 and the most common age was 12.
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 307, Mortlake Road, Ilford, 0.2% 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 307, Mortlake 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.