According to the public record, 61, Holmwood Road, Ilford is a period freehold house with 1,367 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Holmwood Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
61, Holmwood Road, Ilford has 51 entries in the Land Registry database, most recently in February 2008 and a single entry in the EPC database dated May 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 Holmwood Road Ilford as £557,197 and the rental value as £2,697 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 61 Holmwood Road Ilford has increased by £879 (0.2%) and its rental value has increased by £95 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 61, Holmwood Road, Ilford is in very good condition we estimate a sale value of £585,057 and rental value of £2,832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,193 and a rental value of £2,509 per month.
If you were able to purchase this property for the estimated value of £557,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,738 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, 61, Holmwood Road, Ilford sits on a plot of 135m2.
We have plot size data on 20 out of 37 other houses in the postcode and 61, Holmwood Road, Ilford sits on the 19th largest plot.
According to HM Land Registry, 61, Holmwood Road, Ilford was last sold on 28 Feb 2008 for £325,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Feb 2008, the market for similar properties has risen 78.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Holmwood Road, Ilford within a radius of 480 metres over the last 2 years.
The most recent example is 33, Betchworth Road, Ilford, IG3 9JF, a Freehold house which sold for £280,000 in May 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmwood Road, Ilford, IG3 has a total of 84 addresses. According to our analysis of all the public data, 61, Holmwood Road, Ilford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in IG3.
61, Holmwood Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 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, Holmwood Road, Ilford is Seven Kings station which is 600 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, Holmwood Road, Ilford, 41.3% of property is privately rented and 28.1% 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, Holmwood Road, Ilford, 36.8% of residents are recorded as possessing school level qualifications and 29.5% 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, Holmwood Road, Ilford, the average age was 34.7 and the most common age was 12.
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, Holmwood 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 61, Holmwood 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.