According to the public record, 38, Oaklands Park Avenue, Ilford is a period freehold house with 688 ft2 of internal area and sits on a 76.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Oaklands Park Avenue, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
38, Oaklands Park Avenue, Ilford has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated September 2018.
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 Oaklands Park Avenue Ilford as £324,238 and the rental value as £1,811 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 38 Oaklands Park Avenue Ilford has increased by £7,094 (2.2%) and its rental value has increased by £92 per month (5.1%).
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, Oaklands Park Avenue, Ilford is in very good condition we estimate a sale value of £340,450 and rental value of £1,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,541 and a rental value of £1,684 per month.
If you were able to purchase this property for the estimated value of £324,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,594 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, Oaklands Park Avenue, Ilford sits on a plot of 76m2.
We have plot size data on 21 out of 25 other houses in the postcode and 38, Oaklands Park Avenue, Ilford sits on the 10th largest plot.
According to HM Land Registry, 38, Oaklands Park Avenue, Ilford was last sold on 21 Feb 2014 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 67.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Oaklands Park Avenue, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 27, Francis Avenue, Ilford, IG1 1TS, a Freehold house which sold for £348,000 in Oct 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaklands Park Avenue, Ilford, IG1 has a total of 37 addresses. According to our analysis of all the public data, 38, Oaklands Park Avenue, Ilford is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in IG1.
38, Oaklands Park Avenue, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2018.
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, Oaklands Park Avenue, Ilford is Ilford station which is 900 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, Oaklands Park Avenue, Ilford, 71.8% of property is privately rented and 12.3% 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, Oaklands Park Avenue, Ilford, 26.6% of residents are recorded as possessing school level qualifications and 35.8% 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 38, Oaklands Park Avenue, Ilford, the average age was 33.7 and the most common age was 32.
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, Oaklands Park Avenue, Ilford, 0.2% 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, Oaklands Park Avenue, Ilford, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.