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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, 56, Shere Road, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,161 ft2 of internal area and sits on a 188 m2 plot 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 56, Shere Road, Ilford is £581,791 and the estimated rental value is £2,757 per month.
Shere Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
56, Shere Road, Ilford has 31 entries in the Land Registry , most recently in February 2018 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 56, Shere Road, Ilford is in very good condition we estimate a sale value of £610,880 and a rental value of £2,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,065 and a rental value of £2,564 per month.
Over the last 12 months the sale value of 56 Shere Road Ilford has decreased by an estimated £8,177 (1.4%) and its rental value has increased by an estimated £108 per month (3.9%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 56, Shere Road, Ilford sits on a plot of 188m2.
We have plot size data on 48 out of 49 other houses in the postcode and 56, Shere Road, Ilford sits on the 47th largest plot.
According to HM Land Registry, 56, Shere Road, Ilford was last sold on 9th February 2018 for £495,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2018, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Shere Road, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 12, Kenwood Gardens, Ilford, IG2 6YH, a leasehold house which sold for £593,000 on the 5th December 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shere Road, Ilford, IG2 has a total of 61 addresses. According to our analysis of all the public data, 56, Shere Road, Ilford is the 13th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in IG2.
The nearest school is Gearies Primary School which is 112 metres away. The nearest train station is Gants Hill which is 300 metres away.
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