According to the public record, 56, Northwood Gardens, Ilford is a early-century freehold house with 1,205 ft2 of internal area and sits on a 350 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Northwood Gardens, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
56, Northwood Gardens, Ilford has 21 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that 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 Northwood Gardens Ilford as £642,588 and the rental value as £2,415 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 56 Northwood Gardens Ilford has increased by £10,446 (1.6%) and its rental value has increased by £40 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, Northwood Gardens, Ilford is in very good condition we estimate a sale value of £674,718 and rental value of £2,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £597,607 and a rental value of £2,246 per month.
If you were able to purchase this property for the estimated value of £642,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,158 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, 56, Northwood Gardens, Ilford sits on a plot of 350m2.
We have plot size data on 17 out of 32 other houses in the postcode and 56, Northwood Gardens, Ilford sits on the largest plot.
According to HM Land Registry, 56, Northwood Gardens, Ilford was last sold on 30 Jun 2017 for £625,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Northwood Gardens, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 69, Queenborough Gardens, Ilford, IG2 6YB, a Freehold house which sold for £673,000 in Jan 2024.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northwood Gardens, Ilford, IG5 has a total of 65 addresses. According to our analysis of all the public data, 56, Northwood Gardens, Ilford is the 43rd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in IG5.
56, Northwood Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2017.
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, Northwood Gardens, Ilford is Gants Hill station which is 900 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, Northwood Gardens, Ilford, 53.5% of property is privately owned with a mortgage and 37.9% 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, Northwood Gardens, Ilford, 22.6% of residents are recorded as possessing school level qualifications and 48.6% 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, Northwood Gardens, Ilford, the average age was 40 and the most common age was 42.
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, Northwood Gardens, 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, Northwood Gardens, Ilford, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.