According to the public record, 183A, The Drive, Ilford is a modern freehold house with 783 ft2 of internal area and sits on a 76.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Drive, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
183A, The Drive, Ilford has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated September 2011.
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 183A The Drive Ilford as £474,937 and the rental value as £2,192 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 183A The Drive Ilford has increased by £6,237 (1.3%) and its rental value has increased by £51 per month (2.3%).
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 183A, The Drive, Ilford is in very good condition we estimate a sale value of £498,684 and rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,691 and a rental value of £2,038 per month.
If you were able to purchase this property for the estimated value of £474,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,334 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, 183A, The Drive, Ilford sits on a plot of 77m2.
We have plot size data on 6 out of 7 other houses in the postcode and 183A, The Drive, Ilford sits on the 6th largest plot.
According to HM Land Registry, 183A, The Drive, Ilford was last sold on 10 Aug 2015 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 183A, The Drive, Ilford within a radius of 560 metres over the last 2 years.
The most recent example is 16, Sussex Close, Ilford, IG4 5DP, a Freehold house which sold for £421,000 in Feb 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Ilford, IG1 has a total of 353 addresses. According to our analysis of all the public data, 183A, The Drive, Ilford is the 204th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in IG1.
183A, The Drive, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2011.
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 183A, The Drive, Ilford is Redbridge 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 183A, The Drive, Ilford, 39.6% of property is privately owned with a mortgage and 31.7% 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 183A, The Drive, Ilford, 30.2% of residents are recorded as possessing school level qualifications and 42.7% 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 183A, The Drive, Ilford, the average age was 37.5 and the most common age was 32.
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 183A, The Drive, Ilford, 1.4% 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 183A, The Drive, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.