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62 Caernarvon Drive is a residential building situated on Caernarvon Drive, Ilford, IG5 with 2 addresses.
It ranks as the 341st largest and 275th most expensive of the 467 buildings in the IG5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
62 Caernarvon Drive is a residential building situated on Caernarvon Drive, Ilford, IG5 with 2 addresses.
It ranks as the 341st largest and 275th most expensive of the 467 buildings in the IG5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £272,993 for 2 bedroom leasehold flats (592 ft2) to £312,842 for 3 bedroom leasehold flats (742 ft2) .
Monthly rental prices range from £1,342 pcm for 2 bed flats to £1,568 pcm for 3 bed flats.
The gross rental yield is between 5.9% and 6.0%.
The average value per square foot is £441.
The last sale in 62 Caernarvon Drive sold for £194,000 on 16th July 2007. Since then prices are up an average of 49.8%.
The current average value in the building is £292,917.
The 62 Caernarvon Drive Sales Market has increased by 8.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.5% | £292,917 |
| May 2025 | 1.7% | £297,340 |
| May 2024 | 1.4% | £292,513 |
| May 2023 | -2.2% | £288,407 |
| May 2022 | 3% | £294,874 |
| May 2021 | 3% | £286,200 |
| May 2020 | 0.6% | £277,918 |
| May 2019 | -0.7% | £276,231 |
| May 2018 | 2.3% | £278,169 |
| May 2017 | 0.4% | £271,889 |
| May 2016 | 12.9% | £270,739 |
| May 2015 | 13.6% | £239,886 |
| May 2014 | 14.1% | £211,250 |
| May 2013 | 3.3% | £185,123 |
| May 2012 | -1.2% | £179,148 |
| May 2011 | 0% | £181,233 |
| May 2010 | 5.7% | £181,161 |
| May 2009 | -12.6% | £171,454 |
| May 2008 | 2.2% | £196,172 |
| May 2007 | 0% | £191,933 |
The current average rental value in the building is £1,455.
The 62 Caernarvon Drive Rental Market has increased by 30.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £1,455pcm |
| May 2025 | 1.2% | £1,406pcm |
| May 2024 | 10.8% | £1,390pcm |
| May 2023 | 11% | £1,255pcm |
| May 2022 | 5.5% | £1,131pcm |
| May 2021 | -0.2% | £1,072pcm |
| May 2020 | 1% | £1,074pcm |
| May 2019 | -0.1% | £1,063pcm |
| May 2018 | -1.7% | £1,064pcm |
| May 2017 | -3.2% | £1,083pcm |
| May 2016 | 4.7% | £1,119pcm |
| May 2015 | 12.1% | £1,069pcm |
| May 2014 | 5.9% | £953pcm |
| May 2013 | 0.7% | £900pcm |
| May 2012 | 5.7% | £894pcm |
| May 2011 | 6.1% | £846pcm |
| May 2010 | 1.7% | £797pcm |
| May 2009 | -5.2% | £784pcm |
| May 2008 | 11.5% | £827pcm |
| May 2007 | 0% | £742pcm |
The last sale was on 16th July 2007 for £194,000 and since then the market in the area has increased by 49.8%. The building has had a total of 3 sales since 1995.
62, Caernarvon Drive, Ilford, IG5 0XE has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 62, Caernarvon Drive, Ilford, IG5 0XE is Fairlop station which is 1.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 62, Caernarvon Drive, Ilford, IG5 0XE, 34.1% of property is socially rented and 25.0% is privately rented.
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 62, Caernarvon Drive, Ilford, IG5 0XE, 31.1% of residents are recorded as possessing school level qualifications and 29.5% 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 62, Caernarvon Drive, Ilford, IG5 0XE, the average age was 38.6 and the most common age was 42.
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 62, Caernarvon Drive, Ilford, IG5 0XE, 3.2% 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 62, Caernarvon Drive, Ilford, IG5 0XE, there are an average of 0.9 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.