According to the public record, 37, Elgin Road, Ilford is a period house with 1,625 ft2 of internal area and sits on a 310 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elgin Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
37, Elgin Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
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 37 Elgin Road Ilford as £655,575 and the rental value as £2,806 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 37 Elgin Road Ilford has decreased by £6,458 (1.0%) and its rental value has increased by £65 per month (2.3%).
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 37, Elgin Road, Ilford is in very good condition we estimate a sale value of £688,354 and rental value of £2,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £609,685 and a rental value of £2,609 per month.
If you were able to purchase this property for the estimated value of £655,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,222 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, 37, Elgin Road, Ilford sits on a plot of 310m2.
We have plot size data on 15 out of 31 other houses in the postcode and 37, Elgin Road, Ilford sits on the 19th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Elgin Road, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 28, Elgin Road, Ilford, IG3 8LL, a Freehold house which sold for £692,500 in Nov 2021.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Ilford, IG3 has a total of 271 addresses. According to our analysis of all the public data, 37, Elgin Road, Ilford is the 57th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in IG3.
37, Elgin Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2014.
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 37, Elgin Road, Ilford is Seven Kings station which is 200 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 37, Elgin Road, Ilford, 58.0% of property is privately rented and 22.5% 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 37, Elgin Road, Ilford, 22.7% of residents are recorded as possessing school level qualifications and 38.8% 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 37, Elgin Road, Ilford, the average age was 34.2 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 37, Elgin 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 37, Elgin Road, 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.