1, Parsons Mews
1, Parsons Mews
Description & Estimates
According to the public record, 1, Parsons Mews, Ilford is a modern house with 1,162 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Parsons Mews, Ilford is £460,546 and the estimated rental value is £2,236 per month.
Parsons Mews, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
Our Data Sources
1, Parsons Mews, Ilford has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Parsons Mews, Ilford is in very good condition we estimate a sale value of £483,573 and a rental value of £2,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,308 and a rental value of £2,079 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Parsons Mews, Ilford has decreased by £11,120 (2.4%), while its estimated rental value has grown by £59 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
1, Parsons Mews, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 May 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Parsons Mews, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 9, Beaminster Gardens, Ilford, IG6 2BN, a freehold house which sold for £500,000 on the 22nd March 2024.
Read more about house prices in IG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Parsons Mews, Ilford, IG5 has a total of 6 addresses. According to our analysis of all the public data, 1, Parsons Mews, Ilford is the largest and the most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in IG5.
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Schools Nearby
- 400mMossford Green Primary School
- 600mClore Tikva School
- 600mGilbert Colvin Primary School
- 300mIlford County High School
- 900mCaterham High School
- 1.0kmKing Solomon High School
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Public Transport Nearby
The closest station to 1, Parsons Mews, Ilford is Barkingside station, which is 1.2 kilometres away.
- 1.2kmBarkingside
- 1.3kmFairlop
- 1.6kmGants Hill
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
