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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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5, Parsons Mews, Ilford is described in the public record as a modern house with 753 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Parsons Mews, Ilford is £358,965 and its rental estimate is £1,766 per month, given the available information and assuming reasonable condition.
Parsons Mews, Ilford, IG5 falls within the IG5 postal district, in the borough of Redbridge.
5, 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Parsons Mews, Ilford, we estimate a market value of £376,913 and a rental value of £1,854 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £333,837 and £1,642 per month respectively.
Over the last year, 5, Parsons Mews, Ilford has seen its estimated sale value decline by £6,937 (1.9%) and its estimated rental value climb by £54 per month (3.0%). This results in an estimated gross rental yield of 5.9%.
5, Parsons Mews, Ilford has an Energy Performance Rating (EPC) of C. 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.
Over the past 2 years 3 properties similar to 5, Parsons Mews, Ilford have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2024, was 121, Tiptree Crescent, Ilford, IG5 0SX, a freehold house which sold for £360,000.
Read more about house prices in IG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Parsons Mews, Ilford, IG5, 5, Parsons Mews, Ilford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £186k less expensive than the average property across the IG5 district.
From 5, Parsons Mews, Ilford, the nearest station is Barkingside, 1.2 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Parsons Mews, Ilford, 29.8% of property is privately owned with a mortgage and 27.5% is socially 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 5, Parsons Mews, Ilford, 25.6% of residents are recorded as possessing school level qualifications and 40.0% 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 5, Parsons Mews, Ilford, the average age was 37.7 and the most common age was 37.
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 5, Parsons Mews, Ilford, 0.0% 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 5, Parsons Mews, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
