According to the public record, 50, Wanstead Park Road, Ilford is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,517 ft2 of internal area and sits on a 217 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Wanstead Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
50, Wanstead Park Road, Ilford has 2 entries in the Land Registry database, most recently in February 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 50 Wanstead Park Road Ilford as £546,644 and the rental value as £2,749 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 50 Wanstead Park Road Ilford has increased by £3,212 (0.6%) and its rental value has increased by £90 per month (3.3%).
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 50, Wanstead Park Road, Ilford is in very good condition we estimate a sale value of £573,976 and rental value of £2,886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,379 and a rental value of £2,556 per month.
If you were able to purchase this property for the estimated value of £546,644, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,687 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, 50, Wanstead Park Road, Ilford sits on a plot of 217m2.
We have plot size data on 10 out of 22 other houses in the postcode and 50, Wanstead Park Road, Ilford sits on the 6th largest plot.
According to HM Land Registry, 50, Wanstead Park Road, Ilford was last sold on 21 Feb 2023 for £675,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Wanstead Park Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 63, Empress Avenue, Ilford, IG1 3DG, a Freehold house which sold for £555,000 in Jun 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wanstead Park Road, Ilford, IG1 has a total of 438 addresses. According to our analysis of all the public data, 50, Wanstead Park Road, Ilford is the 65th largest and the 177th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in IG1.
The closest station to 50, Wanstead Park Road, Ilford is Ilford station which is 500 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 50, Wanstead Park Road, Ilford, 30.7% of property is privately rented and 24.7% 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 50, Wanstead Park Road, Ilford, 27.0% of residents are recorded as possessing school level qualifications and 40.9% 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 50, Wanstead Park Road, Ilford, the average age was 33.7 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 50, Wanstead Park 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 50, Wanstead Park Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.