According to the public record, 473, Ley Street, Ilford is a period house with 979 ft2 of internal area and sits on a 190 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ley Street, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
473, Ley Street, Ilford has no records in the Land Registry database and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 473 Ley Street Ilford as £438,977 and the rental value as £2,397 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 473 Ley Street Ilford has increased by £9,567 (2.2%) and its rental value has increased by £116 per month (4.8%).
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 473, Ley Street, Ilford is in very good condition we estimate a sale value of £460,926 and rental value of £2,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,249 and a rental value of £2,230 per month.
If you were able to purchase this property for the estimated value of £438,977, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,157 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, 473, Ley Street, Ilford sits on a plot of 190m2.
We have plot size data on 14 out of 22 other houses in the postcode and 473, Ley Street, Ilford sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 473, Ley Street, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 323, Thorold Road, Ilford, IG1 4HG, a Freehold house which sold for £485,000 in Nov 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ley Street, Ilford, IG2 has a total of 245 addresses. According to our analysis of all the public data, 473, Ley Street, Ilford is the 39th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in IG2.
473, Ley Street, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2024.
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 473, Ley Street, Ilford is Seven Kings 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 473, Ley Street, Ilford, 36.1% of property is privately rented and 26.5% 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 473, Ley Street, Ilford, 27.4% of residents are recorded as possessing school level qualifications and 36.1% 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 473, Ley Street, 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 473, Ley Street, 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 473, Ley Street, 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.