According to the public record, 8, Grasmere Gardens, Ilford is a early-century freehold house with 1,097 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grasmere Gardens, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
8, Grasmere Gardens, Ilford has 21 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated February 2024.
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 8 Grasmere Gardens Ilford as £539,845 and the rental value as £2,287 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Grasmere Gardens Ilford has increased by £15,661 (2.9%) and its rental value has increased by £65 per month (2.9%).
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 8, Grasmere Gardens, Ilford is in very good condition we estimate a sale value of £566,837 and rental value of £2,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,056 and a rental value of £2,127 per month.
If you were able to purchase this property for the estimated value of £539,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,653 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, 8, Grasmere Gardens, Ilford sits on a plot of 290m2.
We have plot size data on 24 out of 47 other houses in the postcode and 8, Grasmere Gardens, Ilford sits on the 9th largest plot.
According to HM Land Registry, 8, Grasmere Gardens, Ilford was last sold on 31 May 2024 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Grasmere Gardens, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 40, Grasmere Gardens, Ilford, IG4 5LF, a Freehold house which sold for £575,000 in Jul 2023.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Gardens, Ilford, IG4 has a total of 47 addresses. According to our analysis of all the public data, 8, Grasmere Gardens, Ilford is the 15th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in IG4.
8, Grasmere Gardens, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Grasmere Gardens, Ilford is Redbridge station which is 900 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 8, Grasmere Gardens, Ilford, 41.2% of property is privately owned with a mortgage and 36.6% 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 8, Grasmere Gardens, Ilford, 25.0% of residents are recorded as possessing school level qualifications and 47.3% 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 8, Grasmere Gardens, Ilford, the average age was 38.6 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 8, Grasmere Gardens, Ilford, 0.4% 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 8, Grasmere Gardens, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.