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279 The Drive is a residential building situated on The Drive, Ilford, IG1 with 5 addresses.
It ranks as the 1805th largest and 1095th most expensive of the 2,077 buildings in the IG1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 5 properties: 5 flats.
279 The Drive is a residential building situated on The Drive, Ilford, IG1 with 5 addresses.
It ranks as the 1805th largest and 1095th most expensive of the 2,077 buildings in the IG1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 5 properties: 5 flats.
Sale prices range from £253,309 for 2 bedroom leasehold flats (645 ft2) to £602,991 for 4 bedroom freehold houses with a garden (1,173 ft2) .
Monthly rental prices range from £1,612 pcm for 2 bed flats to £2,899 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 7.6%.
The average value per square foot is £392.
The last sale in 279 The Drive sold for £235,000 on 5th June 2015. Since then prices are up an average of 40.0%.
The current average value in the building is £325,486.
The 279 The Drive Sales Market has increased by 14.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.5% | £325,486 |
| May 2025 | 2.5% | £337,357 |
| May 2024 | -0.8% | £329,165 |
| May 2023 | 0.8% | £331,757 |
| May 2022 | 4.1% | £329,253 |
| May 2021 | 4.1% | £316,275 |
| May 2020 | 1.2% | £303,814 |
| May 2019 | 0.6% | £300,259 |
| May 2018 | 2.6% | £298,362 |
| May 2017 | 2.2% | £290,797 |
| May 2016 | 13.2% | £284,514 |
| May 2015 | 13.3% | £251,446 |
| May 2014 | 13.8% | £221,980 |
| May 2013 | 1.9% | £195,012 |
| May 2012 | 1.2% | £191,330 |
| May 2011 | 0.5% | £189,001 |
| May 2010 | 8.8% | £188,030 |
| May 2009 | -11.6% | £172,765 |
| May 2008 | 0.9% | £195,507 |
| May 2007 | 0% | £193,841 |
The current average rental value in the building is £1,878.
The 279 The Drive Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2% | £1,878pcm |
| May 2025 | 2.9% | £1,841pcm |
| May 2024 | 9.2% | £1,789pcm |
| May 2023 | 14.4% | £1,638pcm |
| May 2022 | 7.3% | £1,432pcm |
| May 2021 | 0.6% | £1,334pcm |
| May 2020 | 1.2% | £1,326pcm |
| May 2019 | 1.4% | £1,310pcm |
| May 2018 | -0.3% | £1,292pcm |
| May 2017 | -2.6% | £1,295pcm |
| May 2016 | 4.3% | £1,330pcm |
| May 2015 | 10.5% | £1,275pcm |
| May 2014 | 4.8% | £1,154pcm |
| May 2013 | 2.9% | £1,101pcm |
| May 2012 | 6% | £1,070pcm |
| May 2011 | 7.5% | £1,010pcm |
| May 2010 | 4.5% | £939pcm |
| May 2009 | -3.2% | £899pcm |
| May 2008 | 8.8% | £929pcm |
| May 2007 | 0% | £853pcm |
The last sale was on 5th June 2015 for £235,000 and since then the market in the area has increased by 40.0%. The building has had a total of 2 sales since 1995.
279, The Drive, Ilford, IG1 3PN has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 279, The Drive, Ilford, IG1 3PN is Redbridge station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 279, The Drive, Ilford, IG1 3PN, 33.8% of property is privately owned outright and 27.2% 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 279, The Drive, Ilford, IG1 3PN, 19.1% of residents are recorded as possessing school level qualifications and 35.0% 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 279, The Drive, Ilford, IG1 3PN, 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 279, The Drive, Ilford, IG1 3PN, 0.8% 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 279, The Drive, Ilford, IG1 3PN, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.