According to the public record, 59, Stainforth Road, Ilford is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Stainforth Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
59, Stainforth Road, Ilford has 31 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated May 2021.
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 Stainforth Road Ilford as £292,286 and the rental value as £1,616 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 59 Stainforth Road Ilford has increased by £496 (0.2%) and its rental value has increased by £42 per month (2.6%).
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, Stainforth Road, Ilford is in very good condition we estimate a sale value of £306,901 and rental value of £1,697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,826 and a rental value of £1,503 per month.
If you were able to purchase this property for the estimated value of £292,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,436 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, 59, Stainforth Road, Ilford was last sold on 24 Nov 2014 for £180,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2014, the market for similar properties has risen 31.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Stainforth Road, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 862, Eastern Avenue, Ilford, IG2 7HY, a Leasehold flat which sold for £291,000 in Aug 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stainforth Road, Ilford, IG2 has a total of 102 addresses. According to our analysis of all the public data, 59, Stainforth Road, Ilford is the 88th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in IG2.
59, Stainforth Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 2021.
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, Stainforth Road, Ilford is Newbury Park station which is 500 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 59, Stainforth Road, Ilford, 38.5% of property is privately owned with a mortgage and 31.2% 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, Stainforth Road, Ilford, 23.6% of residents are recorded as possessing school level qualifications and 46.0% 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, Stainforth Road, Ilford, the average age was 36.7 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, Stainforth 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 59, Stainforth Road, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.