According to the public record, 56, Duke Road, Ilford is a mid-century apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Duke Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
56, Duke Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated September 2015.
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 56 Duke Road Ilford as £289,842 and the rental value as £1,581 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 56 Duke Road Ilford has increased by £3,512 (1.2%) and its rental value has increased by £48 per month (3.0%).
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 56, Duke Road, Ilford is in very good condition we estimate a sale value of £304,335 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,553 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £289,842, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,424 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Duke Road, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 6, Poplar Way, Ilford, IG6 1EL, a Leasehold flat which sold for £331,000 in Jul 2022.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Duke Road, Ilford, IG6 has a total of 101 addresses. According to our analysis of all the public data, 56, Duke Road, Ilford is the 100th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in IG6.
56, Duke Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2015.
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 56, Duke Road, Ilford is Barkingside station which is 400 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, Duke Road, Ilford, 30.0% of property is privately owned outright and 29.3% 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, Duke Road, Ilford, 24.8% of residents are recorded as possessing school level qualifications and 40.6% 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, Duke 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, Duke 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 56, Duke Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.