According to the public record, 61, South Park Road, Ilford is a early-century freehold house with 1,227 ft2 of internal area and sits on a 160 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
South Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
61, South Park Road, Ilford has 2 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated May 2018.
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 South Park Road Ilford as £507,083 and the rental value as £2,590 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 61 South Park Road Ilford has increased by £4,360 (0.9%) and its rental value has increased by £110 per month (4.2%).
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 Road, Ilford is in very good condition we estimate a sale value of £532,437 and rental value of £2,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,587 and a rental value of £2,409 per month.
If you were able to purchase this property for the estimated value of £507,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,492 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, South Park Road, Ilford sits on a plot of 160m2.
We have plot size data on 10 out of 19 other houses in the postcode and 61, South Park Road, Ilford sits on the 11th largest plot.
According to HM Land Registry, 61, South Park Road, Ilford was last sold on 18 Jun 2018 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, South Park Road, Ilford within a radius of 500 metres over the last 2 years.
The most recent example is 158, South Park Road, Ilford, IG1 2XP, a Freehold house which sold for £430,000 in Sep 2019.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Park Road, Ilford, IG1 has a total of 132 addresses. According to our analysis of all the public data, 61, South Park Road, Ilford is the 36th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in IG1.
61, South Park Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2018.
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, South Park Road, Ilford is Seven Kings station which is 1.3 kilometres 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 Road, Ilford, 51.9% of property is privately owned with a mortgage and 26.7% 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 61, South Park Road, Ilford, 30.2% of residents are recorded as possessing school level qualifications and 36.4% 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, South Park 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, South Park 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, South Park Road, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.