According to the public record, 67, Park Road, Ilford is a period freehold house with 1,054 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
67, Park Road, Ilford has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated January 2013.
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 67 Park Road Ilford as £491,641 and the rental value as £2,382 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 67 Park Road Ilford has increased by £7,769 (1.6%) and its rental value has increased by £110 per month (4.6%).
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 67, Park Road, Ilford is in very good condition we estimate a sale value of £516,223 and rental value of £2,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,226 and a rental value of £2,215 per month.
If you were able to purchase this property for the estimated value of £491,641, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,416 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, 67, Park Road, Ilford sits on a plot of 229m2.
We have plot size data on 19 out of 37 other houses in the postcode and 67, Park Road, Ilford sits on the 4th largest plot.
According to HM Land Registry, 67, Park Road, Ilford was last sold on 17 May 2022 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 67, Park Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 91, Park Road, Ilford, IG1 1SG, a Freehold house which sold for £526,500 in Aug 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Ilford, IG1 has a total of 136 addresses. According to our analysis of all the public data, 67, Park Road, Ilford is the 98th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in IG1.
67, Park Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jan 2013.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 67, Park Road, Ilford is Ilford station which is 1.1 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 67, Park Road, Ilford, 38.6% of property is privately owned outright and 28.8% 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 67, Park Road, Ilford, 25.6% of residents are recorded as possessing school level qualifications and 29.8% 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 67, Park Road, Ilford, the average age was 33.7 and the most common age was 32.
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 67, 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 67, Park Road, 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.