According to the public record, 7, Southbourne Gardens, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,078 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Southbourne Gardens, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
7, Southbourne Gardens, Ilford has a single entry in the Land Registry database from December 2015 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Southbourne Gardens Ilford as £464,516 and the rental value as £2,409 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 7 Southbourne Gardens Ilford has increased by £9,060 (2.0%) and its rental value has increased by £121 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, Southbourne Gardens, Ilford is in very good condition we estimate a sale value of £487,741 and rental value of £2,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,000 and a rental value of £2,241 per month.
If you were able to purchase this property for the estimated value of £464,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,283 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, 7, Southbourne Gardens, Ilford was last sold on 15 Dec 2015 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has risen 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Southbourne Gardens, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 1A, Vine Gardens, Ilford, IG1 2QH, a Freehold house which sold for £350,000 in May 2024.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southbourne Gardens, Ilford, IG1 has a total of 35 addresses. According to our analysis of all the public data, 7, Southbourne Gardens, Ilford is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in IG1.
The closest station to 7, Southbourne Gardens, Ilford is Barking station which is 800 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, Southbourne Gardens, Ilford, 34.1% of property is privately owned outright and 34.1% is privately rented.
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, Southbourne Gardens, Ilford, 32.0% of residents are recorded as possessing school level qualifications and 35.4% 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, Southbourne Gardens, Ilford, the average age was 32.3 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 7, Southbourne Gardens, 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, Southbourne Gardens, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.