According to the public record, 89, Balfour Road, Ilford is a period freehold house with 1,345 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Balfour Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
89, Balfour Road, Ilford has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated May 2022.
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 89 Balfour Road Ilford as £604,855 and the rental value as £2,693 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 89 Balfour Road Ilford has increased by £2,576 (0.4%) and its rental value has increased by £85 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 89, Balfour Road, Ilford is in very good condition we estimate a sale value of £635,098 and rental value of £2,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,515 and a rental value of £2,504 per month.
If you were able to purchase this property for the estimated value of £604,855, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,973 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, 89, Balfour Road, Ilford sits on a plot of 229m2.
We have plot size data on 5 out of 12 other houses in the postcode and 89, Balfour Road, Ilford sits on the 19th largest plot.
According to HM Land Registry, 89, Balfour Road, Ilford was last sold on 12 Apr 2023 for £605,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 89, Balfour Road, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is 28, Bathurst Road, Ilford, IG1 4LA, a Freehold house which sold for £710,000 in Jul 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balfour Road, Ilford, IG1 has a total of 379 addresses. According to our analysis of all the public data, 89, Balfour Road, Ilford is the 92nd largest and the 77th most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in IG1.
89, Balfour Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2022.
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 89, Balfour Road, Ilford is Ilford station which is 400 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 89, Balfour Road, Ilford, 41.3% of property is privately rented and 33.0% 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 89, Balfour Road, Ilford, 31.1% of residents are recorded as possessing school level qualifications and 39.3% 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 89, Balfour Road, Ilford, the average age was 35 and the most common age was 42.
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 89, Balfour Road, 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 89, Balfour Road, 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.