According to the public record, 40, Guildford Road, Ilford is a period freehold house with 882 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Guildford Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
40, Guildford Road, Ilford has 31 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated November 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 40 Guildford Road Ilford as £414,700 and the rental value as £2,244 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 40 Guildford Road Ilford has increased by £4,204 (1.0%) and its rental value has increased by £99 per month (4.4%).
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, Guildford Road, Ilford is in very good condition we estimate a sale value of £435,435 and rental value of £2,356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,671 and a rental value of £2,087 per month.
If you were able to purchase this property for the estimated value of £414,700, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,038 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, Guildford Road, Ilford sits on a plot of 147m2.
We have plot size data on 23 out of 42 other houses in the postcode and 40, Guildford Road, Ilford sits on the 2nd largest plot.
According to HM Land Registry, 40, Guildford Road, Ilford was last sold on 07 Aug 2018 for £369,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2018, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Guildford Road, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 49, Guildford Road, Ilford, IG3 9YD, a Freehold house which sold for £420,000 in Jun 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guildford Road, Ilford, IG3 has a total of 82 addresses. According to our analysis of all the public data, 40, Guildford Road, Ilford is the 20th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in IG3.
40, Guildford Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 40, Guildford Road, Ilford is Seven Kings station which is 500 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, Guildford Road, Ilford, 36.0% of property is privately owned with a mortgage and 32.8% is privately 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, Guildford Road, Ilford, 28.0% of residents are recorded as possessing school level qualifications and 39.8% 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 40, Guildford Road, Ilford, the average age was 34.7 and the most common age was 12.
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, Guildford Road, Ilford, 0.5% 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, Guildford Road, 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.