According to the public record, 53, Martley Drive, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,123 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Martley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
53, Martley Drive, Ilford has a single entry in the Land Registry database from January 2007 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 53 Martley Drive Ilford as £572,450 and the rental value as £2,844 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 53 Martley Drive Ilford has increased by £9,285 (1.6%) and its rental value has increased by £111 per month (3.9%).
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, Martley Drive, Ilford is in very good condition we estimate a sale value of £601,073 and rental value of £2,986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £532,379 and a rental value of £2,645 per month.
If you were able to purchase this property for the estimated value of £572,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,813 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 HM Land Registry, 53, Martley Drive, Ilford was last sold on 22 Jan 2007 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 90.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Martley Drive, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 50, Icknield Drive, Ilford, IG2 6SD, a Freehold house which sold for £540,000 in Jan 2024.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martley Drive, Ilford, IG2 has a total of 64 addresses. According to our analysis of all the public data, 53, Martley Drive, Ilford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in IG2.
The closest station to 53, Martley Drive, Ilford is Gants Hill 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 53, Martley Drive, Ilford, 38.4% of property is privately owned outright and 35.3% 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 53, Martley Drive, Ilford, 24.3% of residents are recorded as possessing school level qualifications and 51.2% 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 53, Martley Drive, Ilford, the average age was 35.8 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 53, Martley Drive, Ilford, 0.7% 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, Martley Drive, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.