According to the public record, 49, Springfield Drive, Ilford is a mid-century house with 828 ft2 of internal area and sits on a 182 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
49, Springfield Drive, Ilford has no records in the Land Registry database and a single entry in the EPC database dated April 2022.
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 49 Springfield Drive Ilford as £487,486 and the rental value as £2,471 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 49 Springfield Drive Ilford has increased by £12,495 (2.6%) and its rental value has increased by £122 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 49, Springfield Drive, Ilford is in very good condition we estimate a sale value of £511,861 and rental value of £2,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,362 and a rental value of £2,298 per month.
If you were able to purchase this property for the estimated value of £487,486, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,396 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, 49, Springfield Drive, Ilford sits on a plot of 182m2.
We have plot size data on 14 out of 30 other houses in the postcode and 49, Springfield Drive, Ilford sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Springfield Drive, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 47, Ardwell Avenue, Ilford, IG6 1AW, a Freehold house which sold for £480,000 in Jun 2024.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Ilford, IG2 has a total of 176 addresses. According to our analysis of all the public data, 49, Springfield Drive, Ilford is the 139th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in IG2.
49, Springfield Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2022.
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 49, Springfield Drive, Ilford is Newbury Park 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 49, Springfield Drive, Ilford, 56.7% of property is privately rented and 20.8% 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 49, Springfield Drive, Ilford, 24.8% of residents are recorded as possessing school level qualifications and 56.9% 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 49, Springfield Drive, Ilford, the average age was 36.6 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 49, Springfield Drive, 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 49, Springfield Drive, 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.