According to the public record, 61, Douglas Road, Ilford is a period leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 61, Douglas Road, Ilford, IG3.
Douglas Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
61, Douglas Road, Ilford has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated January 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 61 Douglas Road Ilford as £261,772 and the rental value as £1,509 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 61 Douglas Road Ilford has increased by £2,110 (0.8%) and its rental value has increased by £67 per month (4.5%).
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 61, Douglas Road, Ilford is in very good condition we estimate a sale value of £274,861 and rental value of £1,584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,448 and a rental value of £1,403 per month.
If you were able to purchase this property for the estimated value of £261,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,287 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, 61, Douglas Road, Ilford was last sold on 20 Feb 2023 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Douglas Road, Ilford within a radius of 520 metres over the last 2 years.
The most recent example is 13 Tuscany House, Medici Close, Ilford, IG3 8FE, a Leasehold flat which sold for £270,000 in Jul 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Douglas Road, Ilford, IG3 has a total of 61 addresses. According to our analysis of all the public data, 61, Douglas Road, Ilford is the 58th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in IG3.
61, Douglas Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jan 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 61, Douglas Road, Ilford is Goodmayes station which is 700 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 61, Douglas Road, Ilford, 43.6% of property is privately rented and 24.8% 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 61, Douglas Road, Ilford, 25.3% of residents are recorded as possessing school level qualifications and 47.4% 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 61, Douglas Road, Ilford, the average age was 34.6 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 61, Douglas 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 61, Douglas Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.