According to the public record, 9, Merton Road, Ilford is a early-century freehold house with 710 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Merton Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
9, Merton Road, Ilford has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated May 2013.
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 9 Merton Road Ilford as £427,162 and the rental value as £2,051 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 9 Merton Road Ilford has increased by £5,729 (1.3%) and its rental value has increased by £95 per month (4.6%).
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, Merton Road, Ilford is in very good condition we estimate a sale value of £448,520 and rental value of £2,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,261 and a rental value of £1,907 per month.
If you were able to purchase this property for the estimated value of £427,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,099 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, 9, Merton Road, Ilford sits on a plot of 234m2.
We have plot size data on 12 out of 32 other houses in the postcode and 9, Merton Road, Ilford sits on the 8th largest plot.
According to HM Land Registry, 9, Merton Road, Ilford was last sold on 25 Nov 2013 for £267,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 67.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Merton Road, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 32, Mordon Road, Ilford, IG3 8QR, a Freehold house which sold for £317,500 in Nov 2019.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merton Road, Ilford, IG3 has a total of 32 addresses. According to our analysis of all the public data, 9, Merton Road, Ilford is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in IG3.
9, Merton Road, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 May 2013.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 9, Merton Road, 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 9, Merton Road, Ilford, 43.2% of property is privately owned outright and 31.1% 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 9, Merton Road, Ilford, 24.0% of residents are recorded as possessing school level qualifications and 42.6% 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 9, Merton Road, Ilford, the average age was 34.2 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 9, Merton Road, Ilford, 1.2% 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, Merton Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.