According to the public record, 5, Wallington Road, Ilford is a period house with 861 ft2 of internal area and sits on a 195 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wallington Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
5, Wallington Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2023.
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 Wallington Road Ilford as £421,751 and the rental value as £2,257 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 5 Wallington Road Ilford has increased by £3,554 (0.8%) and its rental value has increased by £93 per month (4.1%).
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, Wallington Road, Ilford is in very good condition we estimate a sale value of £442,839 and rental value of £2,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,229 and a rental value of £2,099 per month.
If you were able to purchase this property for the estimated value of £421,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,073 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, Wallington Road, Ilford sits on a plot of 195m2.
We have plot size data on 25 out of 42 other houses in the postcode and 5, Wallington Road, Ilford sits on the 17th largest plot.
According to HM Land Registry, 5, Wallington Road, Ilford was last sold on 08 Jul 2005 for £203,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wallington Road, Ilford within a radius of 500 metres over the last 2 years.
The most recent example is 161, Westwood Road, Ilford, IG3 8SE, a Freehold house which sold for £400,000 in Aug 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallington Road, Ilford, IG3 has a total of 47 addresses. According to our analysis of all the public data, 5, Wallington Road, Ilford is the 44th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in IG3.
5, Wallington Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Apr 2023.
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, Wallington Road, Ilford is Goodmayes station which is 800 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, Wallington Road, Ilford, 37.8% of property is privately owned with a mortgage and 32.2% 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, Wallington Road, Ilford, 27.1% of residents are recorded as possessing school level qualifications and 38.4% 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, Wallington Road, Ilford, the average age was 34.2 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, Wallington Road, Ilford, 0.5% 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, Wallington Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.