According to the public record, 4, Spearpoint Gardens, Ilford is a early-century freehold house with 936 ft2 of internal area and sits on a 228 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spearpoint Gardens, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
4, Spearpoint Gardens, Ilford has 21 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated April 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 4 Spearpoint Gardens Ilford as £497,692 and the rental value as £2,564 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 4 Spearpoint Gardens Ilford has increased by £10,426 (2.1%) and its rental value has increased by £121 per month (4.7%).
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, Spearpoint Gardens, Ilford is in very good condition we estimate a sale value of £522,577 and rental value of £2,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,853 and a rental value of £2,384 per month.
If you were able to purchase this property for the estimated value of £497,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,446 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, Spearpoint Gardens, Ilford sits on a plot of 228m2.
We have plot size data on 20 out of 37 other houses in the postcode and 4, Spearpoint Gardens, Ilford sits on the 19th largest plot.
According to HM Land Registry, 4, Spearpoint Gardens, Ilford was last sold on 24 Jul 2018 for £405,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Spearpoint Gardens, Ilford within a radius of 640 metres over the last 2 years.
The most recent example is 1134, Eastern Avenue, Ilford, IG2 7SD, a Freehold house which sold for £500,000 in Jun 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spearpoint Gardens, Ilford, IG2 has a total of 64 addresses. According to our analysis of all the public data, 4, Spearpoint Gardens, Ilford is the 28th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in IG2.
4, Spearpoint Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 4, Spearpoint Gardens, Ilford is Newbury Park 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 4, Spearpoint Gardens, Ilford, 41.3% of property is privately owned with a mortgage and 26.5% 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 4, Spearpoint Gardens, Ilford, 26.6% of residents are recorded as possessing school level qualifications and 52.5% 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, Spearpoint Gardens, Ilford, the average age was 36.6 and the most common age was 27.
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, Spearpoint 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 4, Spearpoint Gardens, 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.