According to the public record, 8 The Bungalows, Ilford is a early-century freehold house with 1,022 ft2 of internal area and sits on a 347 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Forest Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
8 The Bungalows, Ilford has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 The Bungalows Ilford as £409,856 and the rental value as £2,147 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 8 The Bungalows Ilford has increased by £10,707 (2.6%) and its rental value has increased by £91 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 The Bungalows, Ilford is in very good condition we estimate a sale value of £430,349 and rental value of £2,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,166 and a rental value of £1,997 per month.
If you were able to purchase this property for the estimated value of £409,856, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,014 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 The Bungalows, Ilford sits on a plot of 347m2.
We have plot size data on 7 out of 7 other houses in the postcode and 8 The Bungalows, Ilford sits on the largest plot.
According to HM Land Registry, 8 The Bungalows, Ilford was last sold on 24 Mar 2016 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 The Bungalows, Ilford within a radius of 940 metres over the last 2 years.
The most recent example is 5, Trehearn Road, Ilford, IG6 2NN, a Freehold house which sold for £420,000 in Feb 2021.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Ilford, IG6 has a total of 92 addresses. According to our analysis of all the public data, 8 The Bungalows, Ilford is the 56th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in IG6.
8 The Bungalows, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Aug 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8 The Bungalows, Ilford is Fairlop station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8 The Bungalows, Ilford, 49.6% of property is privately rented and 22.5% is privately owned with a mortgage.
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 The Bungalows, Ilford, 24.2% of residents are recorded as possessing school level qualifications and 39.0% 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 The Bungalows, Ilford, the average age was 37.1 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 The Bungalows, Ilford, 1.4% 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 The Bungalows, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.