According to the public record, 53, Cranley Road, Ilford is a early-century freehold house with 850 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cranley Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
53, Cranley Road, Ilford has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated October 2023.
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 53 Cranley Road Ilford as £466,934 and the rental value as £2,490 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 53 Cranley Road Ilford has increased by £12,136 (2.6%) and its rental value has increased by £124 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 53, Cranley Road, Ilford is in very good condition we estimate a sale value of £490,280 and rental value of £2,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,248 and a rental value of £2,316 per month.
If you were able to purchase this property for the estimated value of £466,934, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,295 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, 53, Cranley Road, Ilford sits on a plot of 248m2.
We have plot size data on 13 out of 30 other houses in the postcode and 53, Cranley Road, Ilford sits on the 3rd largest plot.
According to HM Land Registry, 53, Cranley Road, Ilford was last sold on 28 Mar 2014 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Cranley Road, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 23, Westernville Gardens, Ilford, IG2 6AL, a Freehold house which sold for £530,000 in May 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranley Road, Ilford, IG2 has a total of 77 addresses. According to our analysis of all the public data, 53, Cranley Road, Ilford is the 73rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in IG2.
53, Cranley Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 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 53, Cranley Road, Ilford is Newbury Park 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 53, Cranley Road, Ilford, 42.9% of property is privately owned with a mortgage and 35.0% 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 53, Cranley Road, Ilford, 27.4% of residents are recorded as possessing school level qualifications and 37.5% 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 53, Cranley Road, 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 53, Cranley Road, Ilford, 0.6% 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 53, Cranley Road, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.