According to the public record, 31, Monkswood Gardens, Ilford is a early-century freehold house with 1,776 ft2 of internal area and sits on a 267 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Monkswood Gardens, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
31, Monkswood Gardens, Ilford has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated October 2020.
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 31 Monkswood Gardens Ilford as £780,818 and the rental value as £2,754 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 31 Monkswood Gardens Ilford has increased by £4,707 (0.6%) and its rental value has increased by £12 per month (0.5%).
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 31, Monkswood Gardens, Ilford is in very good condition we estimate a sale value of £819,858 and rental value of £2,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £726,160 and a rental value of £2,561 per month.
If you were able to purchase this property for the estimated value of £780,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,837 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, 31, Monkswood Gardens, Ilford sits on a plot of 267m2.
We have plot size data on 18 out of 34 other houses in the postcode and 31, Monkswood Gardens, Ilford sits on the 13th largest plot.
According to HM Land Registry, 31, Monkswood Gardens, Ilford was last sold on 01 Feb 2021 for £740,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Monkswood Gardens, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 5, Monkswood Gardens, Ilford, IG5 0DG, a Freehold house which sold for £795,000 in Jul 2023.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkswood Gardens, Ilford, IG5 has a total of 34 addresses. According to our analysis of all the public data, 31, Monkswood Gardens, Ilford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £234k more expensive than the average property in IG5.
31, Monkswood Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2020.
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 31, Monkswood Gardens, Ilford is Gants Hill station which is 1.1 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 31, Monkswood Gardens, Ilford, 50.0% of property is privately owned with a mortgage and 35.0% 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 31, Monkswood Gardens, Ilford, 24.2% of residents are recorded as possessing school level qualifications and 45.1% 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 31, Monkswood Gardens, 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 31, Monkswood Gardens, Ilford, 0.7% 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 31, Monkswood Gardens, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.