According to the public record, 56, Canterbury Avenue, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,629 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Canterbury Avenue, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
56, Canterbury Avenue, Ilford has 31 entries in the Land Registry database, most recently in March 2008 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 56 Canterbury Avenue Ilford as £749,584 and the rental value as £2,966 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 56 Canterbury Avenue Ilford has increased by £5,046 (0.7%) and its rental value has increased by £50 per month (1.7%).
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 56, Canterbury Avenue, Ilford is in very good condition we estimate a sale value of £787,064 and rental value of £3,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £697,114 and a rental value of £2,758 per month.
If you were able to purchase this property for the estimated value of £749,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,684 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, 56, Canterbury Avenue, Ilford was last sold on 03 Mar 2008 for £497,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2008, the market for similar properties has risen 93.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Canterbury Avenue, Ilford within a radius of 650 metres over the last 2 years.
The most recent example is 16, Peterborough Gardens, Ilford, IG1 3NH, a Freehold house which sold for £735,000 in May 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Canterbury Avenue, Ilford, IG1 has a total of 103 addresses. According to our analysis of all the public data, 56, Canterbury Avenue, Ilford is the 31st largest and the 18th most expensive property on the street.
When compared to the postcode district it is £325k more expensive than the average property in IG1.
The closest station to 56, Canterbury Avenue, Ilford is Redbridge station which is 700 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 56, Canterbury Avenue, Ilford, 44.9% of property is privately owned with a mortgage and 42.4% 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 56, Canterbury Avenue, Ilford, 23.0% of residents are recorded as possessing school level qualifications and 49.9% 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 56, Canterbury Avenue, Ilford, the average age was 37.5 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 56, Canterbury Avenue, 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 56, Canterbury Avenue, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.