According to the public record, 60, Elmstead Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,005 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Elmstead Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
60, Elmstead Road, Ilford has 31 entries in the Land Registry database, most recently in December 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 60 Elmstead Road Ilford as £460,242 and the rental value as £2,363 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 60 Elmstead Road Ilford has increased by £4,495 (1.0%) and its rental value has increased by £102 per month (4.3%).
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 60, Elmstead Road, Ilford is in very good condition we estimate a sale value of £483,254 and rental value of £2,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,025 and a rental value of £2,198 per month.
If you were able to purchase this property for the estimated value of £460,242, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,262 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, 60, Elmstead Road, Ilford was last sold on 22 Dec 2008 for £230,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2008, the market for similar properties has risen 106.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Elmstead Road, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 38, Clandon Road, Ilford, IG3 8BB, a Freehold house which sold for £454,000 in May 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmstead Road, Ilford, IG3 has a total of 83 addresses. According to our analysis of all the public data, 60, Elmstead Road, Ilford is the 31st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in IG3.
The closest station to 60, Elmstead Road, Ilford is Seven Kings station which is 300 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 60, Elmstead Road, Ilford, 47.2% of property is privately rented and 21.8% 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 60, Elmstead Road, Ilford, 25.8% of residents are recorded as possessing school level qualifications and 34.6% 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 60, Elmstead 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 60, Elmstead Road, Ilford, 0.4% 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 60, Elmstead 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.