According to the public record, 48, Suffolk Road, Ilford is a period freehold house with 904 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Suffolk Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
48, Suffolk Road, Ilford has 21 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated March 2021.
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 48 Suffolk Road Ilford as £326,756 and the rental value as £1,804 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 48 Suffolk Road Ilford has increased by £3,786 (1.2%) and its rental value has increased by £73 per month (4.0%).
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 48, Suffolk Road, Ilford is in very good condition we estimate a sale value of £343,094 and rental value of £1,894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,883 and a rental value of £1,677 per month.
If you were able to purchase this property for the estimated value of £326,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,606 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, 48, Suffolk Road, Ilford sits on a plot of 193m2.
We have plot size data on 5 out of 11 other houses in the postcode and 48, Suffolk Road, Ilford sits on the 5th largest plot.
According to HM Land Registry, 48, Suffolk Road, Ilford was last sold on 02 Oct 2017 for £412,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2017, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 48, Suffolk Road, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 54, Oaks Lane, Ilford, IG2 7PW, a Leasehold house which sold for £250,000 in Jan 2012.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Suffolk Road, Ilford, IG3 has a total of 104 addresses. According to our analysis of all the public data, 48, Suffolk Road, Ilford is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in IG3.
48, Suffolk Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2021.
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 48, Suffolk Road, Ilford is Newbury Park station which is 300 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, Suffolk Road, Ilford, 31.8% of property is privately rented and 27.9% is socially rented.
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, Suffolk Road, Ilford, 29.5% of residents are recorded as possessing school level qualifications and 35.5% 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, Suffolk Road, Ilford, the average age was 36.7 and the most common age was 42.
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, Suffolk 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 48, Suffolk Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.