According to the public record, 60, Richmond Road, Ilford is a period freehold house with 1,216 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Richmond Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
60, Richmond Road, Ilford has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated September 2023.
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 60 Richmond Road Ilford as £529,535 and the rental value as £2,591 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 60 Richmond Road Ilford has increased by £3,434 (0.6%) and its rental value has increased by £92 per month (3.5%).
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, Richmond Road, Ilford is in very good condition we estimate a sale value of £556,012 and rental value of £2,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,468 and a rental value of £2,410 per month.
If you were able to purchase this property for the estimated value of £529,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,603 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, 60, Richmond Road, Ilford sits on a plot of 193m2.
We have plot size data on 20 out of 32 other houses in the postcode and 60, Richmond Road, Ilford sits on the 15th largest plot.
According to HM Land Registry, 60, Richmond Road, Ilford was last sold on 24 Nov 2023 for £505,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Richmond Road, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is 26, Rutland Road, Ilford, IG1 1ER, a Freehold house which sold for £550,000 in Jul 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Ilford, IG1 has a total of 256 addresses. According to our analysis of all the public data, 60, Richmond Road, Ilford is the 69th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in IG1.
60, Richmond Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2023.
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 60, Richmond Road, Ilford is Ilford 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 60, Richmond Road, Ilford, 30.3% of property is privately rented and 27.9% 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, Richmond Road, Ilford, 22.2% of residents are recorded as possessing school level qualifications and 34.9% 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 60, Richmond Road, Ilford, the average age was 33.7 and the most common age was 32.
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, Richmond 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 60, Richmond 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.