According to the public record, 41, Cranley Road, Ilford is a early-century freehold house with 1,130 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.
Cranley Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
41, Cranley Road, Ilford has 31 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated October 2015.
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 41 Cranley Road Ilford as £544,537 and the rental value as £2,840 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 41 Cranley Road Ilford has increased by £10,550 (1.9%) and its rental value has increased by £122 per month (4.3%).
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 41, Cranley Road, Ilford is in very good condition we estimate a sale value of £571,764 and rental value of £2,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,420 and a rental value of £2,641 per month.
If you were able to purchase this property for the estimated value of £544,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,676 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, 41, Cranley Road, Ilford sits on a plot of 213m2.
We have plot size data on 13 out of 30 other houses in the postcode and 41, Cranley Road, Ilford sits on the 7th largest plot.
According to HM Land Registry, 41, Cranley Road, Ilford was last sold on 17 Mar 2016 for £445,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Cranley Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 4, Westernville Gardens, Ilford, IG2 6AL, a Freehold house which sold for £620,000 in Dec 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranley Road, Ilford, IG2 has a total of 77 addresses. According to our analysis of all the public data, 41, Cranley Road, Ilford is the 54th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in IG2.
41, Cranley Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 2015.
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 41, Cranley Road, Ilford is Newbury Park station which is 800 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 41, Cranley Road, Ilford, 42.9% of property is privately owned with a mortgage and 35.0% 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 41, Cranley Road, Ilford, 27.4% of residents are recorded as possessing school level qualifications and 37.5% 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 41, Cranley Road, Ilford, the average age was 34.1 and the most common age was 17.
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 41, Cranley Road, Ilford, 0.6% 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 41, Cranley Road, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.