According to the public record, 156A, New North Road, Ilford is a modern freehold house with 1,227 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New North Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
156A, New North Road, Ilford has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated July 2021.
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 156A New North Road Ilford as £579,485 and the rental value as £2,692 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 156A New North Road Ilford has increased by £12,529 (2.2%) and its rental value has increased by £92 per month (3.4%).
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 156A, New North Road, Ilford is in very good condition we estimate a sale value of £608,460 and rental value of £2,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,921 and a rental value of £2,504 per month.
If you were able to purchase this property for the estimated value of £579,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,848 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, 156A, New North Road, Ilford sits on a plot of 213m2.
We have plot size data on 3 out of 6 other houses in the postcode and 156A, New North Road, Ilford sits on the 4th largest plot.
According to HM Land Registry, 156A, New North Road, Ilford was last sold on 26 Jan 2022 for £576,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 156A, New North Road, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 80, Bernards Close, Ilford, IG6 2SR, a Freehold house which sold for £507,000 in Jul 2022.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New North Road, Ilford, IG6 has a total of 563 addresses. According to our analysis of all the public data, 156A, New North Road, Ilford is the 42nd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in IG6.
156A, New North Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2021.
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 156A, New North Road, Ilford is Hainault station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 156A, New North Road, Ilford, 43.0% of property is privately rented and 29.6% 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 156A, New North Road, Ilford, 17.8% 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 156A, New North Road, 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 156A, New North Road, Ilford, 1.6% 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 156A, New North Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.