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According to the public record, 5, Raymond Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 989 ft2 of internal area and sits on a 285 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Raymond Road, Ilford is £497,956 and the estimated rental value is £2,462 per month.
Raymond Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
5, Raymond Road, Ilford has a single entry in the Land Registry from July 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 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 5, Raymond Road, Ilford is in very good condition we estimate a sale value of £522,853 and a rental value of £2,585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,099 and a rental value of £2,290 per month.
Over the last 12 months the sale value of 5 Raymond Road Ilford has decreased by an estimated £6,353 (1.3%) and its rental value has increased by an estimated £107 per month (4.4%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 5, Raymond Road, Ilford sits on a plot of 285m2.
We have plot size data on 38 out of 39 other houses in the postcode and 5, Raymond Road, Ilford sits on the 6th largest plot.
According to HM Land Registry, 5, Raymond Road, Ilford was last sold on 11th July 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 89.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Raymond Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 27, Raymond Road, Ilford, IG2 7EA, a freehold house which sold for £465,000 on the 10th July 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raymond Road, Ilford, IG2 has a total of 42 addresses. According to our analysis of all the public data, 5, Raymond Road, Ilford is the 35th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in IG2.
The nearest school is St Aidan's Catholic Primary Academy which is 471 metres away. The nearest train station is Newbury Park which is 800 metres away.
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