According to the public record, 9, Cedar Close, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 887 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cedar Close, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
9, Cedar Close, Ilford has 21 entries in the Land Registry database, most recently in September 2016 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 9 Cedar Close Ilford as £367,302 and the rental value as £2,032 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 9 Cedar Close Ilford has increased by £7,259 (2.0%) and its rental value has increased by £110 per month (5.4%).
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 9, Cedar Close, Ilford is in very good condition we estimate a sale value of £385,667 and rental value of £2,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,591 and a rental value of £1,890 per month.
If you were able to purchase this property for the estimated value of £367,302, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,805 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, 9, Cedar Close, Ilford was last sold on 06 Sep 2016 for £284,952 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2016, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Cedar Close, Ilford within a radius of 560 metres over the last 2 years.
The most recent example is 11, Madeline Grove, Ilford, IG1 2RG, a Freehold house which sold for £390,000 in Jul 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Ilford, IG1 has a total of 15 addresses. According to our analysis of all the public data, 9, Cedar Close, Ilford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in IG1.
The closest station to 9, Cedar Close, Ilford is Barking 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 9, Cedar Close, Ilford, 61.2% of property is privately rented and 16.3% 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 9, Cedar Close, Ilford, 31.9% 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 9, Cedar Close, Ilford, the average age was 32.3 and the most common age was 12.
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 9, Cedar Close, 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 9, Cedar Close, 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.