According to the public record, 47, Howard Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,066 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Howard Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
47, Howard Road, Ilford has a single entry in the Land Registry database from April 2008 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 47 Howard Road Ilford as £471,394 and the rental value as £2,411 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 47 Howard Road Ilford has increased by £9,394 (2.0%) and its rental value has increased by £117 per month (4.9%).
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 47, Howard Road, Ilford is in very good condition we estimate a sale value of £494,963 and rental value of £2,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,396 and a rental value of £2,242 per month.
If you were able to purchase this property for the estimated value of £471,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,317 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, 47, Howard Road, Ilford was last sold on 04 Apr 2008 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 91.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Howard Road, Ilford within a radius of 360 metres over the last 2 years.
The most recent example is 41, Bengal Road, Ilford, IG1 2EH, a Freehold house which sold for £480,000 in Sep 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Howard Road, Ilford, IG1 has a total of 56 addresses. According to our analysis of all the public data, 47, Howard Road, Ilford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £47k more expensive than the average property in IG1.
The closest station to 47, Howard Road, Ilford is Ilford 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 47, Howard Road, Ilford, 50.7% of property is privately rented and 21.0% 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 47, Howard Road, Ilford, 34.3% of residents are recorded as possessing school level qualifications and 30.3% 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 47, Howard Road, Ilford, the average age was 31.9 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 47, Howard Road, Ilford, 0.0% 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 47, Howard Road, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.