According to the public record, 5, Farnham Road, Ilford is a period freehold house with 979 ft2 of internal area and sits on a 212 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farnham Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
5, Farnham Road, Ilford has 61 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated May 2016.
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 5 Farnham Road Ilford as £426,590 and the rental value as £2,330 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Farnham Road Ilford has increased by £3,595 (0.8%) and its rental value has increased by £96 per month (4.1%).
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, Farnham Road, Ilford is in very good condition we estimate a sale value of £447,920 and rental value of £2,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,729 and a rental value of £2,167 per month.
If you were able to purchase this property for the estimated value of £426,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,097 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, Farnham Road, Ilford sits on a plot of 212m2.
We have plot size data on 15 out of 20 other houses in the postcode and 5, Farnham Road, Ilford sits on the 6th largest plot.
According to HM Land Registry, 5, Farnham Road, Ilford was last sold on 30 Sep 2022 for £486,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Farnham Road, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 10, Meads Lane, Ilford, IG3 8QA, a Freehold house which sold for £470,000 in Sep 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnham Road, Ilford, IG3 has a total of 54 addresses. According to our analysis of all the public data, 5, Farnham Road, Ilford is the 33rd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in IG3.
5, Farnham Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 5, Farnham Road, Ilford is Goodmayes station which is 700 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, Farnham Road, Ilford, 37.8% of property is privately owned with a mortgage and 32.2% 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, Farnham Road, Ilford, 27.1% of residents are recorded as possessing school level qualifications and 38.4% 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 5, Farnham Road, 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, Farnham Road, Ilford, 0.5% 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, Farnham Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.