According to the public record, 53, Park Road, Ilford is a period house with 1,216 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
53, Park Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated March 2024.
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 53 Park Road Ilford as £534,546 and the rental value as £2,574 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 53 Park Road Ilford has increased by £3,661 (0.7%) and its rental value has increased by £95 per month (3.7%).
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, Park Road, Ilford is in very good condition we estimate a sale value of £561,273 and rental value of £2,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,128 and a rental value of £2,394 per month.
If you were able to purchase this property for the estimated value of £534,546, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,627 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, Park Road, Ilford sits on a plot of 207m2.
We have plot size data on 19 out of 37 other houses in the postcode and 53, Park Road, Ilford sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Park Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 49, Park Road, Ilford, IG1 1SF, a Freehold house which sold for £565,000 in Feb 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Ilford, IG1 has a total of 136 addresses. According to our analysis of all the public data, 53, Park Road, Ilford is the 46th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in IG1.
53, Park Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2024.
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, Park Road, Ilford is Ilford station which is 1.1 kilometres 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, Park Road, Ilford, 38.6% of property is privately owned outright and 28.8% 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, Park Road, Ilford, 25.6% of residents are recorded as possessing school level qualifications and 29.8% 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 53, 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 53, Park Road, Ilford, 0.0% 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, Park Road, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.