According to the public record, 36, Lancing Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,015 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lancing Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
36, Lancing Road, Ilford has 21 entries in the Land Registry database, most recently in June 2008 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 36 Lancing Road Ilford as £561,293 and the rental value as £2,650 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 36 Lancing Road Ilford has increased by £14,589 (2.6%) and its rental value has increased by £132 per month (5.0%).
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 36, Lancing Road, Ilford is in very good condition we estimate a sale value of £589,358 and rental value of £2,782 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,002 and a rental value of £2,464 per month.
If you were able to purchase this property for the estimated value of £561,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,759 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, 36, Lancing Road, Ilford was last sold on 30 Jun 2008 for £284,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2008, the market for similar properties has risen 102.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Lancing Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 3, Cotswold Gardens, Ilford, IG2 7DW, a Freehold house which sold for £600,000 in Sep 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancing Road, Ilford, IG2 has a total of 66 addresses. According to our analysis of all the public data, 36, Lancing Road, Ilford is the 43rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in IG2.
The closest station to 36, Lancing Road, Ilford is Newbury Park station which is 500 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 36, Lancing Road, Ilford, 36.5% of property is privately rented and 29.9% 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 36, Lancing Road, Ilford, 27.3% of residents are recorded as possessing school level qualifications and 38.2% 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 36, Lancing Road, Ilford, the average age was 34.1 and the most common age was 17.
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 36, Lancing Road, 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 36, Lancing Road, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.