According to the public record, 45, Cranley Drive, Ilford is a early-century freehold house with 950 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cranley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
45, Cranley Drive, Ilford has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated March 2009.
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 45 Cranley Drive Ilford as £492,352 and the rental value as £2,594 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 45 Cranley Drive Ilford has increased by £12,797 (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 45, Cranley Drive, Ilford is in very good condition we estimate a sale value of £516,969 and rental value of £2,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,887 and a rental value of £2,412 per month.
If you were able to purchase this property for the estimated value of £492,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,420 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, 45, Cranley Drive, Ilford sits on a plot of 217m2.
We have plot size data on 24 out of 53 other houses in the postcode and 45, Cranley Drive, Ilford sits on the 19th largest plot.
According to HM Land Registry, 45, Cranley Drive, Ilford was last sold on 28 Aug 2013 for £249,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 75.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Cranley Drive, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 70, Cranley Drive, Ilford, IG2 6AJ, a Freehold house which sold for £525,000 in Jun 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranley Drive, Ilford, IG2 has a total of 126 addresses. According to our analysis of all the public data, 45, Cranley Drive, Ilford is the 84th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in IG2.
45, Cranley Drive, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 45, Cranley Drive, 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 45, Cranley Drive, Ilford, 67.9% of property is privately rented and 16.5% 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 45, Cranley Drive, Ilford, 25.2% of residents are recorded as possessing school level qualifications and 45.7% 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 45, Cranley Drive, 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 45, Cranley Drive, Ilford, 1.1% 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 45, Cranley Drive, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.