According to the public record, 43, Shere Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,082 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Shere Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
43, Shere Road, Ilford has 21 entries in the Land Registry database, most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 43 Shere Road Ilford as £539,916 and the rental value as £2,709 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 43 Shere Road Ilford has increased by £12,151 (2.3%) and its rental value has increased by £120 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 43, Shere Road, Ilford is in very good condition we estimate a sale value of £566,912 and rental value of £2,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,122 and a rental value of £2,520 per month.
If you were able to purchase this property for the estimated value of £539,916, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,654 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, 43, Shere Road, Ilford was last sold on 30 Mar 2007 for £295,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 85.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Shere Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 157, Roll Gardens, Ilford, IG2 6TL, a Freehold house which sold for £582,000 in Jul 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shere Road, Ilford, IG2 has a total of 61 addresses. According to our analysis of all the public data, 43, Shere Road, Ilford is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in IG2.
The closest station to 43, Shere Road, Ilford is Gants Hill 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 43, Shere 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 43, Shere 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 43, Shere 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 43, Shere 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 43, Shere 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.