According to the public record, 40, Wellesley Road, Ilford is a period freehold house with 3,724 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Wellesley Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
40, Wellesley Road, Ilford has a single entry in the Land Registry database from August 2006 and a single entry in the EPC database dated March 2016.
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 Wellesley Road Ilford as £1,047,904 and the rental value as £4,726 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 40 Wellesley Road Ilford has decreased by £4,753 (0.5%) and its rental value has increased by £108 per month (2.3%).
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, Wellesley Road, Ilford is in very good condition we estimate a sale value of £1,100,299 and rental value of £4,962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £974,550 and a rental value of £4,395 per month.
If you were able to purchase this property for the estimated value of £1,047,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,150 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, Wellesley Road, Ilford sits on a plot of 286m2.
We have plot size data on 8 out of 18 other houses in the postcode and 40, Wellesley Road, Ilford sits on the 16th largest plot.
According to HM Land Registry, 40, Wellesley Road, Ilford was last sold on 29 Aug 2006 for £400,000 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 property sales within a 390 metres radius of 40, Wellesley Road, Ilford over the last 2 years.
The most recent example is 49, Wellesley Road, Ilford, IG1 4JZ, a Freehold house which sold for £565,000 in Apr 2023.
Read more about house prices in IG1.
Wellesley Road, Ilford, IG1 has a total of 272 addresses. According to our analysis of all the public data, 40, Wellesley Road, Ilford is the largest and the most expensive property on the street.
When compared to the postcode district it is £623k more expensive than the average property in IG1.
40, Wellesley Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Mar 2016.
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, Wellesley Road, Ilford is Ilford station which is 300 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, Wellesley Road, Ilford, 48.9% of property is privately rented and 29.3% is privately owned outright.
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, Wellesley Road, Ilford, 26.6% of residents are recorded as possessing school level qualifications and 31.6% 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, Wellesley 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, Wellesley Road, Ilford, 0.8% 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, Wellesley Road, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.