According to the public record, 5, Grace Close, Ilford is a modern freehold house with 1,054 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grace Close, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
5, Grace Close, Ilford has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Grace Close Ilford as £619,400 and the rental value as £2,612 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Grace Close Ilford has increased by £16,182 (2.6%) and its rental value has increased by £111 per month (4.2%).
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, Grace Close, Ilford is in very good condition we estimate a sale value of £650,370 and rental value of £2,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,042 and a rental value of £2,429 per month.
If you were able to purchase this property for the estimated value of £619,400, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,044 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, Grace Close, Ilford sits on a plot of 237m2.
We have plot size data on 5 out of 9 other houses in the postcode and 5, Grace Close, Ilford sits on the 5th largest plot.
According to HM Land Registry, 5, Grace Close, Ilford was last sold on 06 May 2022 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grace Close, Ilford within a radius of 640 metres over the last 2 years.
The most recent example is 39, Wickets Way, Ilford, IG6 3DF, a Freehold house which sold for £660,000 in Mar 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grace Close, Ilford, IG6 has a total of 9 addresses. According to our analysis of all the public data, 5, Grace Close, Ilford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in IG6.
5, Grace Close, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2014.
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, Grace Close, Ilford is Hainault station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Grace Close, Ilford, 41.8% of property is privately owned outright and 39.7% 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 5, Grace Close, Ilford, 13.5% of residents are recorded as possessing school level qualifications and 39.1% 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, Grace Close, Ilford, the average age was 37.1 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, Grace Close, Ilford, 4.1% 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, Grace Close, 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.