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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
According to the public record, 49, Otley Drive, Ilford is a early-century house with 1,603 ft2 of internal area and sits on a 226 m2 plot.
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 49, Otley Drive, Ilford is £639,908 and the estimated rental value is £3,041 per month.
Otley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
49, Otley Drive, Ilford has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
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.
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 49, Otley Drive, Ilford is in very good condition we estimate a sale value of £671,903 and a rental value of £3,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £595,114 and a rental value of £2,828 per month.
Over the last 12 months the sale value of 49 Otley Drive Ilford has decreased by an estimated £8,994 (1.4%) and its rental value has increased by an estimated £120 per month (3.9%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 49, Otley Drive, Ilford sits on a plot of 226m2.
We have plot size data on 20 out of 20 other houses in the postcode and 49, Otley Drive, Ilford sits on the 8th largest plot.
49, Otley Drive, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Otley Drive, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 48, Otley Drive, Ilford, IG2 6SN, a freehold house which sold for £590,000 on the 15th February 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Drive, Ilford, IG2 has a total of 139 addresses. According to our analysis of all the public data, 49, Otley Drive, Ilford is the 3rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in IG2.
The nearest school is St Augustine's Catholic Primary School which is 446 metres away. The nearest train station is Gants Hill which is 500 metres away.
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