According to the public record, 7, Wessex Close, Ilford is a mid-century house with 839 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wessex Close, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
7, Wessex Close, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2019.
We combine this information with public data 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 Wessex Close Ilford as £403,030 and the rental value as £2,230 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 7 Wessex Close Ilford has increased by £4,670 (1.2%) and its rental value has increased by £90 per month (4.0%).
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, Wessex Close, Ilford is in very good condition we estimate a sale value of £423,181 and rental value of £2,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,818 and a rental value of £2,074 per month.
If you were able to purchase this property for the estimated value of £403,030, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,981 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, Wessex Close, Ilford sits on a plot of 106m2.
We have plot size data on 9 out of 29 other houses in the postcode and 7, Wessex Close, Ilford sits on the 3rd largest plot.
According to HM Land Registry, 7, Wessex Close, Ilford was last sold on 11 May 2005 for £220,000 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, Wessex Close, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 15, Chepstow Crescent, Ilford, IG3 8JJ, a Freehold house which sold for £380,000 in Nov 2016.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wessex Close, Ilford, IG3 has a total of 32 addresses. According to our analysis of all the public data, 7, Wessex Close, Ilford is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in IG3.
7, Wessex Close, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2019.
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, Wessex Close, Ilford is Newbury Park station which is 400 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, Wessex Close, Ilford, 31.8% of property is privately rented and 27.9% is socially 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, Wessex Close, Ilford, 29.5% of residents are recorded as possessing school level qualifications and 35.5% 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, Wessex Close, Ilford, the average age was 36.7 and the most common age was 42.
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, Wessex Close, 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, Wessex Close, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.