According to the public record, 40, Toronto Road, Ilford is a period freehold house with 1,603 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Toronto Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
40, Toronto Road, Ilford has a single entry in the Land Registry database from December 2012 and a single entry in the EPC database dated July 2012.
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 Toronto Road Ilford as £548,333 and the rental value as £2,774 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 40 Toronto Road Ilford has decreased by £449 (0.1%) and its rental value has increased by £61 per month (2.2%).
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, Toronto Road, Ilford is in very good condition we estimate a sale value of £575,750 and rental value of £2,913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,950 and a rental value of £2,580 per month.
If you were able to purchase this property for the estimated value of £548,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,695 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, Toronto Road, Ilford sits on a plot of 218m2.
We have plot size data on 11 out of 25 other houses in the postcode and 40, Toronto Road, Ilford sits on the 9th largest plot.
According to HM Land Registry, 40, Toronto Road, Ilford was last sold on 14 Dec 2012 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2012, the market for similar properties has risen 73.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Toronto Road, Ilford within a radius of 480 metres over the last 2 years.
The most recent example is 135, Wellesley Road, Ilford, IG1 4LN, a Freehold house which sold for £600,000 in Mar 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Toronto Road, Ilford, IG1 has a total of 43 addresses. According to our analysis of all the public data, 40, Toronto Road, Ilford is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in IG1.
40, Toronto Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2012.
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, Toronto Road, Ilford is Ilford 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 40, Toronto Road, Ilford, 34.2% of property is privately owned outright and 33.3% 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, Toronto Road, Ilford, 27.7% of residents are recorded as possessing school level qualifications and 45.8% 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, Toronto Road, Ilford, the average age was 35 and the most common age was 42.
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, Toronto Road, 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, Toronto Road, 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.