According to the public record, 34, Springfield Drive, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,216 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Springfield Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
34, Springfield Drive, Ilford has a single entry in the Land Registry database from June 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 34 Springfield Drive Ilford as £593,758 and the rental value as £2,913 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 34 Springfield Drive Ilford has increased by £9,284 (1.6%) and its rental value has increased by £114 per month (3.9%).
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 34, Springfield Drive, Ilford is in very good condition we estimate a sale value of £623,446 and rental value of £3,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,195 and a rental value of £2,709 per month.
If you were able to purchase this property for the estimated value of £593,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,918 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, 34, Springfield Drive, Ilford was last sold on 29 Jun 2006 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Springfield Drive, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 72, Cantley Gardens, Ilford, IG2 6QB, a Freehold house which sold for £545,000 in May 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Ilford, IG2 has a total of 176 addresses. According to our analysis of all the public data, 34, Springfield Drive, Ilford is the 16th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in IG2.
The closest station to 34, Springfield Drive, Ilford is Newbury Park 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 34, Springfield Drive, Ilford, 37.2% of property is privately rented and 25.6% 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 34, Springfield Drive, Ilford, 21.8% of residents are recorded as possessing school level qualifications and 32.3% 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 34, Springfield Drive, Ilford, the average age was 36.6 and the most common age was 37.
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 34, Springfield Drive, 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 34, Springfield Drive, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.