According to the public record, 71, Ley Street, Ilford is a modern house with 1,313 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ley Street, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
71, Ley Street, Ilford has no records in the Land Registry database and a single entry in the EPC database dated December 2017.
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 71 Ley Street Ilford as £476,161 and the rental value as £2,521 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 71 Ley Street Ilford has increased by £1,437 (0.3%) and its rental value has increased by £77 per month (3.1%).
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 71, Ley Street, Ilford is in very good condition we estimate a sale value of £499,969 and rental value of £2,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,829 and a rental value of £2,344 per month.
If you were able to purchase this property for the estimated value of £476,161, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,340 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, 71, Ley Street, Ilford sits on a plot of 171m2.
We have plot size data on 4 out of 5 other houses in the postcode and 71, Ley Street, Ilford sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Ley Street, Ilford within a radius of 360 metres over the last 2 years.
The most recent example is 36, Thorold Road, Ilford, IG1 4EX, a Freehold house which sold for £515,000 in Jun 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ley Street, Ilford, IG1 has a total of 453 addresses. According to our analysis of all the public data, 71, Ley Street, Ilford is the 12th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in IG1.
71, Ley Street, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Dec 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 71, Ley Street, Ilford is Ilford station which is 300 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 71, Ley Street, Ilford, 61.9% of property is privately rented and 15.8% is privately owned outright.
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 71, Ley Street, Ilford, 27.3% of residents are recorded as possessing school level qualifications and 39.1% 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 71, Ley Street, 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 71, Ley Street, Ilford, 0.2% 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 71, Ley Street, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.