According to the public record, 48, Cranbrook Rise, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,609 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cranbrook Rise, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
48, Cranbrook Rise, Ilford has 21 entries in the Land Registry database, most recently in June 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 48 Cranbrook Rise Ilford as £659,085 and the rental value as £2,770 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 48 Cranbrook Rise Ilford has decreased by £166 (0.0%) and its rental value has increased by £45 per month (1.6%).
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 48, Cranbrook Rise, Ilford is in very good condition we estimate a sale value of £692,040 and rental value of £2,909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £612,949 and a rental value of £2,576 per month.
If you were able to purchase this property for the estimated value of £659,085, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,239 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, 48, Cranbrook Rise, Ilford was last sold on 13 Jun 2007 for £405,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 80.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Cranbrook Rise, Ilford within a radius of 500 metres over the last 2 years.
The most recent example is 322, Cranbrook Road, Ilford, IG2 6EP, a Freehold house which sold for £660,000 in Feb 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Rise, Ilford, IG1 has a total of 72 addresses. According to our analysis of all the public data, 48, Cranbrook Rise, Ilford is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £234k more expensive than the average property in IG1.
The closest station to 48, Cranbrook Rise, Ilford is Gants Hill station which is 600 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 48, Cranbrook Rise, Ilford, 42.5% of property is privately owned outright and 37.8% 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 48, Cranbrook Rise, Ilford, 25.9% of residents are recorded as possessing school level qualifications and 52.8% 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 48, Cranbrook Rise, Ilford, the average age was 37.5 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 48, Cranbrook Rise, Ilford, 0.2% 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 48, Cranbrook Rise, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.