According to the public record, 40, Wanstead Park Road, Ilford is a period house with 1,065 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wanstead Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
40, Wanstead Park Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2018.
We combine this information with public data 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 Wanstead Park Road Ilford as £480,065 and the rental value as £2,414 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 40 Wanstead Park Road Ilford has increased by £7,602 (1.6%) and its rental value has increased by £106 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, Wanstead Park Road, Ilford is in very good condition we estimate a sale value of £504,068 and rental value of £2,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,460 and a rental value of £2,245 per month.
If you were able to purchase this property for the estimated value of £480,065, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,359 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, Wanstead Park Road, Ilford sits on a plot of 193m2.
We have plot size data on 23 out of 39 other houses in the postcode and 40, Wanstead Park Road, Ilford sits on the 17th largest plot.
According to HM Land Registry, 40, Wanstead Park Road, Ilford was last sold on 28 Nov 2002 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Wanstead Park Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 85, Westbury Road, Ilford, IG1 3BW, a Freehold house which sold for £460,000 in Dec 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wanstead Park Road, Ilford, IG1 has a total of 438 addresses. According to our analysis of all the public data, 40, Wanstead Park Road, Ilford is the 289th largest and the 252nd most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in IG1.
40, Wanstead Park Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2018.
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, Wanstead Park Road, Ilford is Ilford station which is 400 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, Wanstead Park Road, Ilford, 65.0% of property is privately rented and 16.8% 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, Wanstead Park Road, Ilford, 25.2% of residents are recorded as possessing school level qualifications and 33.8% 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, Wanstead Park Road, Ilford, the average age was 33.7 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, Wanstead Park Road, Ilford, 0.4% 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, Wanstead Park Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.