According to the public record, 8, Pershore Close, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,146 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Pershore Close, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
8, Pershore Close, Ilford has 31 entries in the Land Registry database, most recently in November 2007 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 8 Pershore Close Ilford as £494,946 and the rental value as £2,686 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Pershore Close Ilford has increased by £9,301 (1.9%) and its rental value has increased by £112 per month (4.2%).
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, Pershore Close, Ilford is in very good condition we estimate a sale value of £519,693 and rental value of £2,820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,300 and a rental value of £2,498 per month.
If you were able to purchase this property for the estimated value of £494,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,433 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, 8, Pershore Close, Ilford was last sold on 05 Nov 2007 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2007, the market for similar properties has risen 86.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Pershore Close, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 50, Icknield Drive, Ilford, IG2 6SD, a Freehold house which sold for £540,000 in Jan 2024.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pershore Close, Ilford, IG2 has a total of 59 addresses. According to our analysis of all the public data, 8, Pershore Close, Ilford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in IG2.
The closest station to 8, Pershore Close, Ilford is Gants Hill station which is 700 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, Pershore Close, Ilford, 32.2% of property is privately owned outright and 29.8% 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 8, Pershore Close, Ilford, 20.7% of residents are recorded as possessing school level qualifications and 39.2% 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, Pershore Close, Ilford, the average age was 35.8 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 8, Pershore 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 8, Pershore Close, 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.