According to the public record, 6, Meldrum Road, Ilford is a period freehold house with 1,108 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meldrum Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
6, Meldrum Road, Ilford has a single entry in the Land Registry database from April 2014 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 6 Meldrum Road Ilford as £515,258 and the rental value as £2,502 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 6 Meldrum Road Ilford has increased by £5,679 (1.1%) and its rental value has increased by £118 per month (4.7%).
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 6, Meldrum Road, Ilford is in very good condition we estimate a sale value of £541,021 and rental value of £2,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,190 and a rental value of £2,326 per month.
If you were able to purchase this property for the estimated value of £515,258, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,532 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, 6, Meldrum Road, Ilford sits on a plot of 300m2.
We have plot size data on 22 out of 37 other houses in the postcode and 6, Meldrum Road, Ilford sits on the 14th largest plot.
According to HM Land Registry, 6, Meldrum Road, Ilford was last sold on 03 Apr 2014 for £338,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 55.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Meldrum Road, Ilford within a radius of 550 metres over the last 2 years.
The most recent example is 21, Meldrum Road, Ilford, IG3 9PQ, a Freehold house which sold for £550,000 in Jul 2022.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meldrum Road, Ilford, IG3 has a total of 38 addresses. According to our analysis of all the public data, 6, Meldrum Road, Ilford is the 29th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in IG3.
6, Meldrum Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 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 6, Meldrum Road, Ilford is Goodmayes station which is 800 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 6, Meldrum Road, Ilford, 48.3% of property is privately rented and 25.0% is privately owned with a mortgage.
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 6, Meldrum Road, Ilford, 21.7% of residents are recorded as possessing school level qualifications and 52.3% 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 6, Meldrum Road, Ilford, the average age was 34.2 and the most common age was 37.
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 6, Meldrum Road, Ilford, 0.6% 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 6, Meldrum 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.