According to the public record, 56, Rutland Road, Ilford is a period freehold house with 1,184 ft2 of internal area and sits on a 263 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rutland Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
56, Rutland Road, Ilford has 2 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated September 2022.
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 Rutland Road Ilford as £498,526 and the rental value as £2,570 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 56 Rutland Road Ilford has increased by £5,315 (1.1%) and its rental value has increased by £101 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, Rutland Road, Ilford is in very good condition we estimate a sale value of £523,452 and rental value of £2,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,629 and a rental value of £2,391 per month.
If you were able to purchase this property for the estimated value of £498,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,450 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, Rutland Road, Ilford sits on a plot of 263m2.
We have plot size data on 28 out of 38 other houses in the postcode and 56, Rutland Road, Ilford sits on the 2nd largest plot.
According to HM Land Registry, 56, Rutland Road, Ilford was last sold on 20 Jun 2014 for £370,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2014, the market for similar properties has risen 55.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Rutland Road, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 60, Richmond Road, Ilford, IG1 1JZ, a Freehold house which sold for £505,000 in Nov 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rutland Road, Ilford, IG1 has a total of 76 addresses. According to our analysis of all the public data, 56, Rutland Road, Ilford is the 50th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in IG1.
56, Rutland Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2022.
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, Rutland Road, Ilford is Ilford 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, Rutland Road, Ilford, 38.7% of property is privately rented and 29.8% 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, Rutland Road, Ilford, 22.5% of residents are recorded as possessing school level qualifications and 32.7% 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, Rutland 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 56, Rutland Road, Ilford, 0.2% 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, Rutland Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.