According to the public record, 5, Farley Drive, Ilford is a early-century house with 947 ft2 of internal area and sits on a 163 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farley Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
5, Farley Drive, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2018.
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 5 Farley Drive Ilford as £342,349 and the rental value as £1,878 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Farley Drive Ilford has increased by £1,988 (0.6%) and its rental value has increased by £74 per month (3.9%).
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 5, Farley Drive, Ilford is in very good condition we estimate a sale value of £359,467 and rental value of £1,972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,385 and a rental value of £1,747 per month.
If you were able to purchase this property for the estimated value of £342,349, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,683 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, 5, Farley Drive, Ilford sits on a plot of 163m2.
We have plot size data on 6 out of 10 other houses in the postcode and 5, Farley Drive, Ilford sits on the 2nd largest plot.
According to HM Land Registry, 5, Farley Drive, Ilford was last sold on 05 Sep 1997 for £71,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Farley Drive, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 14, Lombard Avenue, Ilford, IG3 8ER, a Freehold house which sold for £435,000 in Jul 2022.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farley Drive, Ilford, IG3 has a total of 21 addresses. According to our analysis of all the public data, 5, Farley Drive, Ilford is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in IG3.
5, Farley Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2018.
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 5, Farley Drive, Ilford is Seven Kings station which is 100 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 5, Farley Drive, Ilford, 58.0% of property is privately rented and 22.5% 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 5, Farley Drive, Ilford, 22.7% of residents are recorded as possessing school level qualifications and 38.8% 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 5, Farley Drive, Ilford, the average age was 34.2 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 5, Farley 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 5, Farley Drive, 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.