According to the public record, 7, Ivy Terrace, Ilford is a period freehold house with 839 ft2 of internal area and sits on a 95.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ivy Terrace, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
7, Ivy Terrace, Ilford has 31 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated June 2023.
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 7 Ivy Terrace Ilford as £412,226 and the rental value as £2,296 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 7 Ivy Terrace Ilford has increased by £10,714 (2.6%) and its rental value has increased by £115 per month (5.0%).
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, Ivy Terrace, Ilford is in very good condition we estimate a sale value of £432,837 and rental value of £2,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,370 and a rental value of £2,136 per month.
If you were able to purchase this property for the estimated value of £412,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,026 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, Ivy Terrace, Ilford sits on a plot of 95m2.
We have plot size data on 6 out of 8 other houses in the postcode and 7, Ivy Terrace, Ilford sits on the 4th largest plot.
According to HM Land Registry, 7, Ivy Terrace, Ilford was last sold on 19 Aug 2022 for £415,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ivy Terrace, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 192, Wards Road, Ilford, IG2 7DY, a Freehold house which sold for £445,000 in Feb 2019.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ivy Terrace, Ilford, IG2 has a total of 8 addresses. According to our analysis of all the public data, 7, Ivy Terrace, Ilford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in IG2.
7, Ivy Terrace, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2023.
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, Ivy Terrace, Ilford is Newbury Park station which is 600 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 7, Ivy Terrace, Ilford, 36.5% of property is privately rented and 29.9% 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, Ivy Terrace, Ilford, 27.3% of residents are recorded as possessing school level qualifications and 38.2% 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, Ivy Terrace, Ilford, the average age was 34.1 and the most common age was 17.
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, Ivy Terrace, 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, Ivy Terrace, 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.