According to the public record, 63, Inverness Drive, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,159 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Inverness Drive, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
63, Inverness Drive, Ilford has a single entry in the Land Registry database from May 2008 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 63 Inverness Drive Ilford as £582,084 and the rental value as £2,646 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 63 Inverness Drive Ilford has increased by £7,387 (1.3%) and its rental value has increased by £76 per month (2.9%).
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 63, Inverness Drive, Ilford is in very good condition we estimate a sale value of £611,188 and rental value of £2,778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,338 and a rental value of £2,461 per month.
If you were able to purchase this property for the estimated value of £582,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,861 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, 63, Inverness Drive, Ilford was last sold on 07 May 2008 for £312,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 102.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Inverness Drive, Ilford within a radius of 620 metres over the last 2 years.
The most recent example is 7, Clinton Crescent, Ilford, IG6 3AH, a Freehold house which sold for £555,000 in Jan 2024.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Inverness Drive, Ilford, IG6 has a total of 59 addresses. According to our analysis of all the public data, 63, Inverness Drive, Ilford is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in IG6.
The closest station to 63, Inverness Drive, Ilford is Hainault station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 63, Inverness Drive, Ilford, 34.9% of property is privately owned outright and 34.0% 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 63, Inverness Drive, Ilford, 21.3% of residents are recorded as possessing school level qualifications and 46.0% 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 63, Inverness Drive, Ilford, the average age was 37.1 and the most common age was 37.
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 63, Inverness Drive, Ilford, 1.9% 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 63, Inverness Drive, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.