According to the public record, 40, Fairlop Gardens, Ilford is a mid-century freehold house with 753 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairlop Gardens, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
40, Fairlop Gardens, Ilford has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated October 2020.
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 40 Fairlop Gardens Ilford as £389,010 and the rental value as £2,124 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 40 Fairlop Gardens Ilford has increased by £11,523 (3.0%) and its rental value has increased by £83 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 40, Fairlop Gardens, Ilford is in very good condition we estimate a sale value of £408,460 and rental value of £2,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,779 and a rental value of £1,976 per month.
If you were able to purchase this property for the estimated value of £389,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,912 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, 40, Fairlop Gardens, Ilford sits on a plot of 149m2.
We have plot size data on 25 out of 42 other houses in the postcode and 40, Fairlop Gardens, Ilford sits on the 24th largest plot.
According to HM Land Registry, 40, Fairlop Gardens, Ilford was last sold on 19 May 2021 for £390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Fairlop Gardens, Ilford within a radius of 480 metres over the last 2 years.
The most recent example is 27, Colvin Gardens, Ilford, IG6 2LH, a Freehold house which sold for £382,000 in Feb 2024.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairlop Gardens, Ilford, IG6 has a total of 42 addresses. According to our analysis of all the public data, 40, Fairlop Gardens, Ilford is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in IG6.
40, Fairlop Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2020.
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 40, Fairlop Gardens, Ilford is Hainault station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Fairlop Gardens, Ilford, 29.5% of property is privately rented and 27.9% is socially rented.
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 40, Fairlop Gardens, Ilford, 31.6% of residents are recorded as possessing school level qualifications and 28.9% 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 40, Fairlop Gardens, Ilford, the average age was 37.1 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 40, Fairlop Gardens, Ilford, 0.3% 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 40, Fairlop Gardens, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.