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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Cranley Drive, Ilford is a leasehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,240 ft2 of internal area and sits on a 260 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Cranley Drive, Ilford is £429,658 and the estimated rental value is £1,981 per month.
Cranley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
40, Cranley Drive, Ilford has 21 entries in the Land Registry , most recently in May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 40, Cranley Drive, Ilford is in very good condition we estimate a sale value of £451,141 and a rental value of £2,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,582 and a rental value of £1,842 per month.
Over the last 12 months the sale value of 40 Cranley Drive Ilford has decreased by an estimated £6,039 (1.4%) and its rental value has increased by an estimated £78 per month (3.9%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 40, Cranley Drive, Ilford sits on a plot of 260m2.
We have plot size data on 47 out of 48 other houses in the postcode and 40, Cranley Drive, Ilford sits on the 13th largest plot.
According to HM Land Registry, 40, Cranley Drive, Ilford was last sold on 14th May 2007 for £272,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 92.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cranley Drive, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 4, Cranley Road, Ilford, IG2 6AG, a freehold house which sold for £516,000 on the 18th September 2023.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranley Drive, Ilford, IG2 has a total of 127 addresses. According to our analysis of all the public data, 40, Cranley Drive, Ilford is the 31st largest and the 124th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in IG2.
The nearest school is Newbury Park Primary School which is 692 metres away. The nearest train station is Newbury Park which is 900 metres away.
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