According to the public record, 6, Suffolk Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,299 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Suffolk Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
6, Suffolk Road, Ilford has a single entry in the Land Registry database from May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Suffolk Road Ilford as £597,458 and the rental value as £2,803 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 6 Suffolk Road Ilford has increased by £71 (0.0%) and its rental value has increased by £81 per month (2.9%).
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 6, Suffolk Road, Ilford is in very good condition we estimate a sale value of £627,331 and rental value of £2,943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,636 and a rental value of £2,607 per month.
If you were able to purchase this property for the estimated value of £597,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,936 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, 6, Suffolk Road, Ilford was last sold on 02 May 2008 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 92.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Suffolk Road, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 301, Aldborough Road South, Ilford, IG3 8JE, a Freehold house which sold for £525,000 in Aug 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Suffolk Road, Ilford, IG3 has a total of 104 addresses. According to our analysis of all the public data, 6, Suffolk Road, Ilford is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in IG3.
The closest station to 6, Suffolk Road, Ilford is Newbury Park station which is 400 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, Suffolk Road, Ilford, 40.0% of property is privately owned with a mortgage and 29.6% 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 6, Suffolk Road, Ilford, 23.4% of residents are recorded as possessing school level qualifications and 46.9% 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, Suffolk 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 6, Suffolk 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 6, Suffolk 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.