According to the public record, 62A, Springfield Drive, Ilford is a modern house with 882 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
62A, Springfield Drive, Ilford has no records in the Land Registry database and a single entry in the EPC database dated April 2024.
We combine this information with public data 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 62A Springfield Drive Ilford as £485,202 and the rental value as £2,549 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 62A Springfield Drive Ilford has increased by £12,436 (2.6%) and its rental value has increased by £126 per month (4.9%).
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 62A, Springfield Drive, Ilford is in very good condition we estimate a sale value of £509,462 and rental value of £2,676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,238 and a rental value of £2,370 per month.
If you were able to purchase this property for the estimated value of £485,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,385 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, 62A, Springfield Drive, Ilford sits on a plot of 204m2.
We have plot size data on 21 out of 30 other houses in the postcode and 62A, Springfield Drive, Ilford sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62A, Springfield Drive, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 47, Ardwell Avenue, Ilford, IG6 1AW, a Freehold house which sold for £480,000 in Jun 2024.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Ilford, IG2 has a total of 176 addresses. According to our analysis of all the public data, 62A, Springfield Drive, Ilford is the 126th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in IG2.
62A, Springfield Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2024.
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 62A, Springfield Drive, 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 62A, Springfield Drive, Ilford, 35.6% of property is privately rented and 34.1% 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 62A, Springfield Drive, Ilford, 26.2% of residents are recorded as possessing school level qualifications and 40.6% 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 62A, Springfield Drive, Ilford, the average age was 36.6 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 62A, Springfield Drive, 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 62A, Springfield Drive, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.