According to the public record, 7, Covert Road, Ilford is a mid-century house with 936 ft2 of internal area and sits on a 89.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Covert Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
7, Covert Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2017.
We combine this information with public data of neighbouring properties to estimate the property 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Covert Road Ilford as £487,395 and the rental value as £2,453 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Covert Road Ilford has increased by £13,670 (2.8%) and its rental value has increased by £118 per month (4.8%).
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 7, Covert Road, Ilford is in very good condition we estimate a sale value of £511,764 and rental value of £2,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,277 and a rental value of £2,281 per month.
If you were able to purchase this property for the estimated value of £487,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,395 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, 7, Covert Road, Ilford sits on a plot of 89m2.
We have plot size data on 12 out of 32 other houses in the postcode and 7, Covert Road, Ilford sits on the 10th largest plot.
According to HM Land Registry, 7, Covert Road, Ilford was last sold on 19 Jul 2002 for £133,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Covert Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 41, Covert Road, Ilford, IG6 3AZ, a Freehold house which sold for £358,000 in Oct 2021.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Covert Road, Ilford, IG6 has a total of 86 addresses. According to our analysis of all the public data, 7, Covert Road, Ilford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in IG6.
7, Covert Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2017.
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 7, Covert Road, Ilford is Hainault station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Covert Road, Ilford, 43.6% of property is socially rented and 23.5% 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 7, Covert Road, Ilford, 20.0% of residents are recorded as possessing school level qualifications and 29.4% 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 7, Covert Road, Ilford, the average age was 36.6 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 7, Covert 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 7, Covert Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.