61, South Park Drive
61, South Park Drive
Description & Estimates
61, South Park Drive, Ilford appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 2,309 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 61, South Park Drive, Ilford is £802,921 and its rental estimate is £3,560 per month, given the available information and assuming reasonable condition.
South Park Drive, Ilford, IG3 falls within the IG3 postal district, in the borough of Redbridge.
Our Data Sources
61, South Park Drive, Ilford has 21 entries in the Land Registry , most recently in January 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 61, South Park Drive, Ilford, we estimate a market value of £843,067 and a rental value of £3,738 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £746,717 and £3,311 per month respectively.
Recent Market Change
Over the last year, 61, South Park Drive, Ilford has seen its estimated sale value decrease by £25,923 (3.2%) and its estimated rental value grow by £65 per month (1.8%). This results in an estimated gross rental yield of 5.3%.
Sold Prices
The most recent sale of 61, South Park Drive, Ilford completed on 26th January 2007 at £498,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 45.5% over the period since January 2007.
- Sold Jan 2007£498,000
- Sold Mar 2000£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, South Park Drive, Ilford have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 70, Water Lane, Ilford, IG3 9HT, a leasehold house which sold for £730,000.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 157 addresses on South Park Drive, Ilford, IG3, 61, South Park Drive, Ilford comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £325k more expensive than the average property across the IG3 district.
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Schools Nearby
- 200mSouth Park Primary School
- 500mGordon Primary School
- 500mSS Peter and Paul's Catholic Primary School
- 800mThe Palmer Catholic Academy
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Public Transport Nearby
From 61, South Park Drive, Ilford, the nearest station is Seven Kings, 800 metres away.
- 800mSeven Kings
- 1.4kmGoodmayes
- 1.7kmIlford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
