According to the public record, 5, Lavender Place, Ilford is a modern freehold house with 818 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lavender Place, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
5, Lavender Place, Ilford has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated May 2012.
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 Lavender Place Ilford as £421,322 and the rental value as £2,193 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 5 Lavender Place Ilford has increased by £8,778 (2.1%) and its rental value has increased by £108 per month (4.9%).
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, Lavender Place, Ilford is in very good condition we estimate a sale value of £442,388 and rental value of £2,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,829 and a rental value of £2,039 per month.
If you were able to purchase this property for the estimated value of £421,322, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,071 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, Lavender Place, Ilford sits on a plot of 127m2.
We have plot size data on 19 out of 35 other houses in the postcode and 5, Lavender Place, Ilford sits on the 8th largest plot.
According to HM Land Registry, 5, Lavender Place, Ilford was last sold on 11 Jul 2012 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 98.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lavender Place, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is 23, Dahlia Gardens, Ilford, IG1 2JU, a Freehold house which sold for £385,000 in Nov 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Place, Ilford, IG1 has a total of 163 addresses. According to our analysis of all the public data, 5, Lavender Place, Ilford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in IG1.
5, Lavender Place, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2012.
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, Lavender Place, Ilford is Barking station which is 1.0 kilometres 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, Lavender Place, Ilford, 34.4% of property is privately rented and 31.2% is socially rented.
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, Lavender Place, Ilford, 28.9% of residents are recorded as possessing school level qualifications and 38.3% 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, Lavender Place, Ilford, the average age was 31.9 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, Lavender Place, 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, Lavender Place, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.