According to the public record, 40, Glenham Drive, Ilford is a early-century freehold house with 1,345 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Glenham Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
40, Glenham Drive, Ilford has a single entry in the Land Registry database from September 2023 and a single entry in the EPC database dated May 2022.
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 Glenham Drive Ilford as £604,575 and the rental value as £2,994 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Glenham Drive Ilford has increased by £9,806 (1.6%) and its rental value has increased by £117 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, Glenham Drive, Ilford is in very good condition we estimate a sale value of £634,804 and rental value of £3,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,255 and a rental value of £2,785 per month.
If you were able to purchase this property for the estimated value of £604,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,971 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, Glenham Drive, Ilford sits on a plot of 213m2.
We have plot size data on 14 out of 36 other houses in the postcode and 40, Glenham Drive, Ilford sits on the 13th largest plot.
According to HM Land Registry, 40, Glenham Drive, Ilford was last sold on 29 Sep 2023 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Glenham Drive, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 46, Martley Drive, Ilford, IG2 6SH, a Freehold house which sold for £625,000 in Feb 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glenham Drive, Ilford, IG2 has a total of 72 addresses. According to our analysis of all the public data, 40, Glenham Drive, Ilford is the 14th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in IG2.
40, Glenham Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2022.
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, Glenham Drive, Ilford is Gants Hill station which is 600 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 40, Glenham Drive, Ilford, 38.4% of property is privately owned outright and 35.3% 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 40, Glenham Drive, Ilford, 24.3% of residents are recorded as possessing school level qualifications and 51.2% 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 40, Glenham Drive, Ilford, the average age was 35.8 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 40, Glenham Drive, Ilford, 0.7% 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, Glenham Drive, 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.