According to the public record, 5, Wellwood Road, Ilford is a period freehold house with 1,108 ft2 of internal area and sits on a 309 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellwood Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
5, Wellwood Road, Ilford has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated November 2017.
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 Wellwood Road Ilford as £645,846 and the rental value as £2,233 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 5 Wellwood Road Ilford has increased by £5,237 (0.8%) and its rental value has increased by £96 per month (4.3%).
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, Wellwood Road, Ilford is in very good condition we estimate a sale value of £678,139 and rental value of £2,344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,637 and a rental value of £2,076 per month.
If you were able to purchase this property for the estimated value of £645,846, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,174 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, Wellwood Road, Ilford sits on a plot of 309m2.
We have plot size data on 14 out of 26 other houses in the postcode and 5, Wellwood Road, Ilford sits on the 10th largest plot.
According to HM Land Registry, 5, Wellwood Road, Ilford was last sold on 23 Jun 2022 for £810,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wellwood Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 60, Ashgrove Road, Ilford, IG3 9XD, a Freehold house which sold for £400,000 in Aug 2016.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellwood Road, Ilford, IG3 has a total of 179 addresses. According to our analysis of all the public data, 5, Wellwood Road, Ilford is the 70th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £179k more expensive than the average property in IG3.
5, Wellwood Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2017.
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, Wellwood Road, Ilford is Goodmayes station which is 200 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, Wellwood Road, Ilford, 77.5% of property is privately rented and 13.2% 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, Wellwood Road, Ilford, 19.7% of residents are recorded as possessing school level qualifications and 24.8% 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, Wellwood Road, Ilford, the average age was 34.6 and the most common age was 42.
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, Wellwood Road, Ilford, 0.3% 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, Wellwood Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.