According to the public record, 42, Perth Road, Ilford is a period leasehold house with 936 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Perth Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
42, Perth Road, Ilford has a single entry in the Land Registry database from April 2008 and a single entry in the EPC database dated February 2023.
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 42 Perth Road Ilford as £521,180 and the rental value as £2,577 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 42 Perth Road Ilford has increased by £13,546 (2.6%) and its rental value has increased by £129 per month (5.0%).
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 42, Perth Road, Ilford is in very good condition we estimate a sale value of £547,239 and rental value of £2,706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,697 and a rental value of £2,396 per month.
If you were able to purchase this property for the estimated value of £521,180, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,561 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 HM Land Registry, 42, Perth Road, Ilford was last sold on 30 Apr 2008 for £270,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 96.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Perth Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 64, Perth Road, Ilford, IG2 6AR, a Freehold house which sold for £570,000 in Nov 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Perth Road, Ilford, IG2 has a total of 742 addresses. According to our analysis of all the public data, 42, Perth Road, Ilford is the 156th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in IG2.
42, Perth Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2023.
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 42, Perth Road, Ilford is Newbury Park station which is 1.0 kilometres 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 42, Perth Road, Ilford, 33.6% of property is privately rented and 27.7% 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 42, Perth Road, Ilford, 24.5% of residents are recorded as possessing school level qualifications and 37.1% 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 42, Perth 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 42, Perth 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 42, Perth Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.