According to the public record, 41, Waremead Road, Ilford is a early-century freehold house with 879 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Waremead Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
41, Waremead Road, Ilford has a single entry in the Land Registry database from December 2011 and a single entry in the EPC database dated July 2011.
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 Waremead Road Ilford as £493,047 and the rental value as £2,522 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 41 Waremead Road Ilford has increased by £11,096 (2.3%) and its rental value has increased by £111 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 41, Waremead Road, Ilford is in very good condition we estimate a sale value of £517,699 and rental value of £2,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,533 and a rental value of £2,345 per month.
If you were able to purchase this property for the estimated value of £493,047, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,423 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, Waremead Road, Ilford sits on a plot of 222m2.
We have plot size data on 10 out of 22 other houses in the postcode and 41, Waremead Road, Ilford sits on the 7th largest plot.
According to HM Land Registry, 41, Waremead Road, Ilford was last sold on 22 Dec 2011 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2011, the market for similar properties has risen 86.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Waremead Road, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 82, Roll Gardens, Ilford, IG2 6TL, a Freehold house which sold for £250,000 in Dec 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waremead Road, Ilford, IG2 has a total of 32 addresses. According to our analysis of all the public data, 41, Waremead Road, Ilford is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in IG2.
41, Waremead Road, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 41, Waremead Road, Ilford is Gants Hill 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 41, Waremead Road, Ilford, 36.8% of property is privately rented and 32.6% 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, Waremead Road, Ilford, 26.8% of residents are recorded as possessing school level qualifications and 49.8% 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 41, Waremead Road, Ilford, the average age was 35.8 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 41, Waremead 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 41, Waremead Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.