According to the public record, 38, Morrab Gardens, Ilford is a period freehold house with 1,065 ft2 of internal area and sits on a 444 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morrab Gardens, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
38, Morrab Gardens, Ilford has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated June 2015.
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 38 Morrab Gardens Ilford as £536,566 and the rental value as £2,442 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 38 Morrab Gardens Ilford has increased by £2,874 (0.5%) and its rental value has increased by £96 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 38, Morrab Gardens, Ilford is in very good condition we estimate a sale value of £563,395 and rental value of £2,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £499,007 and a rental value of £2,271 per month.
If you were able to purchase this property for the estimated value of £536,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,637 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, 38, Morrab Gardens, Ilford sits on a plot of 444m2.
We have plot size data on 13 out of 27 other houses in the postcode and 38, Morrab Gardens, Ilford sits on the 3rd largest plot.
According to HM Land Registry, 38, Morrab Gardens, Ilford was last sold on 24 Jul 2015 for £352,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Morrab Gardens, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 6, Morrab Gardens, Ilford, IG3 9HL, a Freehold house which sold for £482,500 in Dec 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morrab Gardens, Ilford, IG3 has a total of 50 addresses. According to our analysis of all the public data, 38, Morrab Gardens, Ilford is the 37th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in IG3.
38, Morrab Gardens, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Jun 2015.
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 38, Morrab Gardens, Ilford is Seven Kings station which is 700 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 38, Morrab Gardens, Ilford, 34.5% of property is privately owned with a mortgage and 31.7% 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 38, Morrab Gardens, Ilford, 19.6% of residents are recorded as possessing school level qualifications and 38.9% 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 38, Morrab Gardens, 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 38, Morrab Gardens, 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 38, Morrab Gardens, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.