According to the public record, 59, Colombo Road, Ilford is a period freehold house with 957 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colombo Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
59, Colombo Road, Ilford has 21 entries in the Land Registry database, most recently in July 2012 and a single entry in the EPC database dated May 2024.
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 59 Colombo Road Ilford as £483,374 and the rental value as £2,326 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 59 Colombo Road Ilford has increased by £4,788 (1.0%) and its rental value has increased by £76 per month (3.3%).
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 59, Colombo Road, Ilford is in very good condition we estimate a sale value of £507,543 and rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,538 and a rental value of £2,163 per month.
If you were able to purchase this property for the estimated value of £483,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,376 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, 59, Colombo Road, Ilford sits on a plot of 248m2.
We have plot size data on 33 out of 46 other houses in the postcode and 59, Colombo Road, Ilford sits on the 2nd largest plot.
According to HM Land Registry, 59, Colombo Road, Ilford was last sold on 16 Jul 2012 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2012, the market for similar properties has risen 80.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Colombo Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 126, Auckland Road, Ilford, IG1 4SQ, a Freehold house which sold for £552,000 in Jan 2024.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colombo Road, Ilford, IG1 has a total of 92 addresses. According to our analysis of all the public data, 59, Colombo Road, Ilford is the 60th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in IG1.
59, Colombo Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 May 2024.
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 59, Colombo Road, Ilford is Newbury Park station which is 1.1 kilometres 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 59, Colombo Road, Ilford, 38.0% of property is privately owned with a mortgage and 35.7% 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 59, Colombo Road, Ilford, 24.0% of residents are recorded as possessing school level qualifications and 49.2% 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 59, Colombo Road, Ilford, the average age was 35 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 59, Colombo 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 59, Colombo Road, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.