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According to the public record, 542, Eastern Avenue, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,636 ft2 of internal area 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 542, Eastern Avenue, Ilford is £617,952 and the estimated rental value is £3,010 per month.
Eastern Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
542, Eastern Avenue, Ilford has 21 entries in the Land Registry , most recently in June 2008 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 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 542, Eastern Avenue, Ilford is in very good condition we estimate a sale value of £648,850 and a rental value of £3,161 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,696 and a rental value of £2,800 per month.
Over the last 12 months the sale value of 542 Eastern Avenue Ilford has decreased by an estimated £8,685 (1.4%) and its rental value has increased by an estimated £118 per month (3.9%), giving an expected gross yield of 5.8%.
According to HM Land Registry, 542, Eastern Avenue, Ilford was last sold on 23rd June 2008 for £361,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2008, the market for similar properties has risen 88.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 542, Eastern Avenue, 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.
Eastern Avenue, Ilford, IG2 has a total of 951 addresses. According to our analysis of all the public data, 542, Eastern Avenue, Ilford is the 59th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in IG2.
The nearest school is Valentines High School which is 523 metres away. The nearest train station is Gants Hill which is 600 metres away.
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