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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, 42, Springfield Drive, Ilford is a early-century freehold house with 839 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Springfield Drive, Ilford is £490,315 and the estimated rental value is £2,301 per month.
Springfield Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
42, Springfield Drive, Ilford has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 42, Springfield Drive, Ilford is in very good condition we estimate a sale value of £514,831 and a rental value of £2,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,993 and a rental value of £2,140 per month.
Over the last 12 months the sale value of 42 Springfield Drive Ilford has decreased by an estimated £6,256 (1.3%) and its rental value has increased by an estimated £100 per month (4.4%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 42, Springfield Drive, Ilford sits on a plot of 165m2.
We have plot size data on 21 out of 21 other houses in the postcode and 42, Springfield Drive, Ilford sits on the 13th largest plot.
42, Springfield Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 42, Springfield Drive, Ilford was last sold on 19th March 2021 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Springfield Drive, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 25, Cantley Gardens, Ilford, IG2 6QB, a freehold house which sold for £485,000 on the 25th October 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, 42, Springfield Drive, Ilford is the 129th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in IG2.
The nearest school is Newbury Park Primary School which is 232 metres away. The nearest train station is Newbury Park which is 600 metres away.
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