According to the public record, 56, Crown Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 722 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Crown Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
56, Crown Road, Ilford has 2 entries in the Land Registry database, most recently in December 2015 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 Crown Road Ilford as £423,776 and the rental value as £2,146 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 56 Crown Road Ilford has increased by £8,592 (2.0%) and its rental value has increased by £83 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 56, Crown Road, Ilford is in very good condition we estimate a sale value of £444,965 and rental value of £2,254 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,112 and a rental value of £1,996 per month.
If you were able to purchase this property for the estimated value of £423,776, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,083 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, Crown Road, Ilford was last sold on 03 Dec 2015 for £267,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Crown Road, Ilford within a radius of 590 metres over the last 2 years.
The most recent example is 7, Chase Lane, Ilford, IG6 1BH, a Freehold house which sold for £460,000 in Apr 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crown Road, Ilford, IG6 has a total of 108 addresses. According to our analysis of all the public data, 56, Crown Road, Ilford is the 91st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in IG6.
The closest station to 56, Crown Road, Ilford is Barkingside station which is 200 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, Crown Road, Ilford, 31.4% of property is privately owned with a mortgage and 30.7% is privately rented.
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, Crown Road, Ilford, 27.1% of residents are recorded as possessing school level qualifications and 38.7% 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, Crown Road, Ilford, the average age was 36.6 and the most common age was 27.
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, Crown Road, Ilford, 0.8% 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, Crown 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.