According to the public record, 8, Oakwood Gardens, Ilford is a period freehold house with 1,285 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oakwood Gardens, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
8, Oakwood Gardens, Ilford has a single entry in the Land Registry database from April 2009 and a single entry in the EPC database dated October 2008.
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 Oakwood Gardens Ilford as £577,345 and the rental value as £2,636 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Oakwood Gardens Ilford has decreased by £697 (0.1%) and its rental value has increased by £84 per month (3.2%).
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, Oakwood Gardens, Ilford is in very good condition we estimate a sale value of £606,212 and rental value of £2,768 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £536,931 and a rental value of £2,452 per month.
If you were able to purchase this property for the estimated value of £577,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,837 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, Oakwood Gardens, Ilford sits on a plot of 257m2.
We have plot size data on 12 out of 31 other houses in the postcode and 8, Oakwood Gardens, Ilford sits on the 3rd largest plot.
According to HM Land Registry, 8, Oakwood Gardens, Ilford was last sold on 17 Apr 2009 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 101.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oakwood Gardens, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 3, Audley Gardens, Ilford, IG3 9LB, a Freehold house which sold for £540,000 in May 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Gardens, Ilford, IG3 has a total of 47 addresses. According to our analysis of all the public data, 8, Oakwood Gardens, Ilford is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in IG3.
8, Oakwood Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2008.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 8, Oakwood Gardens, Ilford is Seven Kings station which is 500 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, Oakwood Gardens, Ilford, 54.9% of property is privately rented and 21.1% 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, Oakwood Gardens, Ilford, 23.2% of residents are recorded as possessing school level qualifications and 35.2% 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 8, Oakwood Gardens, Ilford, the average age was 34.2 and the most common age was 37.
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, Oakwood 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 8, Oakwood Gardens, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.