According to the public record, 5, Knights Way, Ilford is a mid-century house with 904 ft2 of internal area and sits on a 216 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Knights Way, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
5, Knights Way, Ilford has no records in the Land Registry database and a single entry in the EPC database dated March 2019.
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 Knights Way Ilford as £465,378 and the rental value as £2,337 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Knights Way Ilford has increased by £13,111 (2.8%) and its rental value has increased by £92 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, Knights Way, Ilford is in very good condition we estimate a sale value of £488,647 and rental value of £2,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,802 and a rental value of £2,174 per month.
If you were able to purchase this property for the estimated value of £465,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,287 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, Knights Way, Ilford sits on a plot of 216m2.
We have plot size data on 13 out of 28 other houses in the postcode and 5, Knights Way, Ilford sits on the 12th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Knights Way, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 24, Montfort Gardens, Ilford, IG6 2TP, a Freehold house which sold for £485,000 in Feb 2024.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knights Way, Ilford, IG6 has a total of 46 addresses. According to our analysis of all the public data, 5, Knights Way, Ilford is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in IG6.
5, Knights Way, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2019.
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, Knights Way, Ilford is Hainault station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Knights Way, Ilford, 40.0% of property is privately owned with a mortgage and 25.2% 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, Knights Way, Ilford, 31.0% of residents are recorded as possessing school level qualifications and 41.2% 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, Knights Way, 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, Knights Way, 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, Knights Way, 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.