According to the public record, 61, South Park Drive, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,225 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
South Park Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
61, South Park Drive, Ilford has 21 entries in the Land Registry database, most recently in January 2007 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 61 South Park Drive Ilford as £678,728 and the rental value as £3,384 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 61 South Park Drive Ilford has decreased by £10,189 (1.5%) and its rental value has increased by £62 per month (1.8%).
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, South Park Drive, Ilford is in very good condition we estimate a sale value of £712,665 and rental value of £3,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £631,217 and a rental value of £3,147 per month.
If you were able to purchase this property for the estimated value of £678,728, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,336 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, South Park Drive, Ilford was last sold on 26 Jan 2007 for £498,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 83.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, South Park Drive, Ilford within a radius of 520 metres over the last 2 years.
The most recent example is 33, Littlemoor Road, Ilford, IG1 1XZ, a Freehold house which sold for £720,000 in Jun 2022.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Park Drive, Ilford, IG3 has a total of 159 addresses. According to our analysis of all the public data, 61, South Park Drive, Ilford is the 3rd largest and the 11th most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in IG3.
The closest station to 61, South Park Drive, Ilford is Seven Kings 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 61, South Park Drive, Ilford, 37.0% of property is privately owned outright and 36.1% 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, South Park Drive, Ilford, 30.5% of residents are recorded as possessing school level qualifications and 35.9% 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 61, South Park Drive, 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, South Park Drive, Ilford, 0.7% 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, South Park Drive, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.