According to the public record, 48, Genas Close, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,184 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Genas Close, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
48, Genas Close, Ilford has a single entry in the Land Registry database from October 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 Genas Close Ilford as £566,592 and the rental value as £2,579 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 48 Genas Close Ilford has increased by £10,889 (1.9%) and its rental value has increased by £73 per month (2.8%).
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 48, Genas Close, Ilford is in very good condition we estimate a sale value of £594,921 and rental value of £2,708 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,930 and a rental value of £2,398 per month.
If you were able to purchase this property for the estimated value of £566,592, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,785 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, Genas Close, Ilford was last sold on 31 Oct 2007 for £336,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 86.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Genas Close, Ilford within a radius of 520 metres over the last 2 years.
The most recent example is 109, Genas Close, Ilford, IG6 2PL, a Freehold house which sold for £555,000 in Mar 2022.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Genas Close, Ilford, IG6 has a total of 110 addresses. According to our analysis of all the public data, 48, Genas Close, Ilford is the 42nd largest and the 47th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in IG6.
The closest station to 48, Genas Close, Ilford is Fairlop station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Genas Close, Ilford, 50.8% of property is privately owned with a mortgage and 20.8% 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 48, Genas Close, Ilford, 26.3% of residents are recorded as possessing school level qualifications and 47.4% 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, Genas Close, Ilford, the average age was 37.7 and the most common age was 37.
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, Genas Close, 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, Genas Close, 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.