According to the public record, 8, Stanley Road, Ilford is a period freehold house with 807 ft2 of internal area and sits on a 90.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Stanley Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
8, Stanley Road, Ilford has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated November 2019.
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 Stanley Road Ilford as £405,656 and the rental value as £2,161 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 8 Stanley Road Ilford has increased by £7,221 (1.8%) and its rental value has increased by £109 per month (5.0%).
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 8, Stanley Road, Ilford is in very good condition we estimate a sale value of £425,939 and rental value of £2,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,260 and a rental value of £2,009 per month.
If you were able to purchase this property for the estimated value of £405,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,994 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, Stanley Road, Ilford sits on a plot of 91m2.
We have plot size data on 29 out of 42 other houses in the postcode and 8, Stanley Road, Ilford sits on the 24th largest plot.
According to HM Land Registry, 8, Stanley Road, Ilford was last sold on 04 Oct 2019 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Stanley Road, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 9, Stanley Road, Ilford, IG1 1RW, a Freehold house which sold for £262,500 in Mar 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanley Road, Ilford, IG1 has a total of 144 addresses. According to our analysis of all the public data, 8, Stanley Road, Ilford is the 101st largest and the 90th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in IG1.
8, Stanley Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 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 8, Stanley Road, Ilford is Ilford station which is 1.0 kilometres 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, Stanley Road, Ilford, 60.2% of property is privately rented and 14.2% 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, Stanley Road, Ilford, 24.0% of residents are recorded as possessing school level qualifications and 35.9% 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, Stanley Road, 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 8, Stanley Road, Ilford, 0.7% 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, Stanley Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.