According to the public record, 5 Newbury Cottages, Ilford is a period freehold house with 753 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ley Street, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
5 Newbury Cottages, Ilford has 2 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated July 2014.
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 Newbury Cottages Ilford as £418,352 and the rental value as £2,354 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 5 Newbury Cottages Ilford has increased by £10,874 (2.6%) and its rental value has increased by £117 per month (5.0%).
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 Newbury Cottages, Ilford is in very good condition we estimate a sale value of £439,270 and rental value of £2,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,067 and a rental value of £2,189 per month.
If you were able to purchase this property for the estimated value of £418,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,056 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 Newbury Cottages, Ilford sits on a plot of 103m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5 Newbury Cottages, Ilford sits on the largest plot.
According to HM Land Registry, 5 Newbury Cottages, Ilford was last sold on 17 Sep 2014 for £274,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 45.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Newbury Cottages, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 16, Perth Road, Ilford, IG2 6AU, a Freehold house which sold for £520,000 in Oct 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ley Street, Ilford, IG2 has a total of 245 addresses. According to our analysis of all the public data, 5 Newbury Cottages, Ilford is the 77th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in IG2.
5 Newbury Cottages, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5 Newbury Cottages, Ilford is Newbury Park station which is 600 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 Newbury Cottages, Ilford, 36.5% of property is privately rented and 29.9% 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 Newbury Cottages, Ilford, 27.3% of residents are recorded as possessing school level qualifications and 38.2% 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 Newbury Cottages, Ilford, the average age was 34.1 and the most common age was 17.
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 Newbury Cottages, 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 Newbury Cottages, 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.