According to the public record, 5, Gaysham Avenue, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,147 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gaysham Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
5, Gaysham Avenue, Ilford has a single entry in the Land Registry database from July 2006 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 5 Gaysham Avenue Ilford as £593,644 and the rental value as £2,905 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Gaysham Avenue Ilford has increased by £9,772 (1.6%) and its rental value has increased by £110 per month (3.8%).
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 5, Gaysham Avenue, Ilford is in very good condition we estimate a sale value of £623,326 and rental value of £3,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,089 and a rental value of £2,702 per month.
If you were able to purchase this property for the estimated value of £593,644, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,918 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, 5, Gaysham Avenue, Ilford was last sold on 14 Jul 2006 for £278,000 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, Gaysham Avenue, Ilford within a radius of 340 metres over the last 2 years.
The most recent example is 157, Roll Gardens, Ilford, IG2 6TL, a Freehold house which sold for £582,000 in Jul 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gaysham Avenue, Ilford, IG2 has a total of 115 addresses. According to our analysis of all the public data, 5, Gaysham Avenue, Ilford is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in IG2.
The closest station to 5, Gaysham Avenue, Ilford is Gants Hill 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, Gaysham Avenue, Ilford, 37.0% of property is privately owned with a mortgage and 30.4% 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, Gaysham Avenue, Ilford, 30.7% of residents are recorded as possessing school level qualifications and 46.9% 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 5, Gaysham Avenue, Ilford, the average age was 35.8 and the most common age was 32.
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, Gaysham Avenue, Ilford, 0.8% 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, Gaysham Avenue, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.