According to the public record, 4, Preston Gardens, Ilford is a early-century freehold house with 1,259 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Preston Gardens, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
4, Preston Gardens, Ilford has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated March 2023.
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 4 Preston Gardens Ilford as £659,690 and the rental value as £2,447 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 4 Preston Gardens Ilford has decreased by £22 (0.0%) and its rental value has increased by £26 per month (1.1%).
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 4, Preston Gardens, Ilford is in very good condition we estimate a sale value of £692,674 and rental value of £2,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,512 and a rental value of £2,276 per month.
If you were able to purchase this property for the estimated value of £659,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,242 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, 4, Preston Gardens, Ilford sits on a plot of 232m2.
We have plot size data on 17 out of 31 other houses in the postcode and 4, Preston Gardens, Ilford sits on the 11th largest plot.
According to HM Land Registry, 4, Preston Gardens, Ilford was last sold on 24 Jul 2023 for £630,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Preston Gardens, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 21, Hillview Crescent, Ilford, IG1 3QD, a Freehold house which sold for £620,000 in Jun 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Gardens, Ilford, IG1 has a total of 33 addresses. According to our analysis of all the public data, 4, Preston Gardens, Ilford is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £235k more expensive than the average property in IG1.
4, Preston Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2023.
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 4, Preston Gardens, Ilford is Redbridge 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 4, Preston Gardens, Ilford, 40.7% of property is privately owned outright and 37.0% 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 4, Preston Gardens, Ilford, 23.9% of residents are recorded as possessing school level qualifications and 43.2% 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 4, Preston Gardens, Ilford, the average age was 37.5 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 4, Preston Gardens, Ilford, 0.6% 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 4, Preston Gardens, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.