According to the public record, 85, Springfield Drive, Ilford is a early-century freehold house with 1,463 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Springfield Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
85, Springfield Drive, Ilford has 21 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated May 2014.
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 85 Springfield Drive Ilford as £623,508 and the rental value as £3,061 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 85 Springfield Drive Ilford has increased by £9,749 (1.6%) and its rental value has increased by £120 per month (3.9%).
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 85, Springfield Drive, Ilford is in very good condition we estimate a sale value of £654,683 and rental value of £3,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £579,862 and a rental value of £2,846 per month.
If you were able to purchase this property for the estimated value of £623,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,064 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, 85, Springfield Drive, Ilford sits on a plot of 191m2.
We have plot size data on 21 out of 30 other houses in the postcode and 85, Springfield Drive, Ilford sits on the 5th largest plot.
According to HM Land Registry, 85, Springfield Drive, Ilford was last sold on 10 Sep 2014 for £410,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 42.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Springfield Drive, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 66, Springfield Drive, Ilford, IG2 6QS, a Freehold house which sold for £560,000 in Feb 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Ilford, IG2 has a total of 176 addresses. According to our analysis of all the public data, 85, Springfield Drive, Ilford is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in IG2.
85, Springfield Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2014.
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 85, Springfield Drive, Ilford is Newbury Park 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 85, Springfield Drive, Ilford, 35.6% of property is privately rented and 34.1% 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 85, Springfield Drive, Ilford, 26.2% of residents are recorded as possessing school level qualifications and 40.6% 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 85, Springfield Drive, Ilford, the average age was 36.6 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 85, Springfield Drive, 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 85, Springfield Drive, 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.