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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
According to the public record, 62, Otley Drive, Ilford is a early-century freehold house with 1,442 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Otley Drive, Ilford is £626,763 and the estimated rental value is £2,893 per month.
Otley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
62, Otley Drive, Ilford has 41 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated June 2012.
We combine this information with that 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.
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 62, Otley Drive, Ilford is in very good condition we estimate a sale value of £658,101 and a rental value of £3,038 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,890 and a rental value of £2,691 per month.
Over the last 12 months the sale value of 62 Otley Drive Ilford has decreased by an estimated £18,761 (3.0%) and its rental value has increased by an estimated £86 per month (3.0%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 62, Otley Drive, Ilford sits on a plot of 222m2.
We have plot size data on 20 out of 20 other houses in the postcode and 62, Otley Drive, Ilford sits on the 11th largest plot.
62, Otley Drive, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 62, Otley Drive, Ilford was last sold on 25th June 2018 for £570,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since June 2018, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Otley Drive, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 43, Otley Drive, Ilford, IG2 6SN, a freehold house which sold for £670,000 on the 14th December 2022.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Drive, Ilford, IG2 has a total of 139 addresses. According to our analysis of all the public data, 62, Otley Drive, Ilford is the 18th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in IG2.
The nearest school is St Augustine's Catholic Primary School which is 400 metres away. The nearest train station is Gants Hill which is 500 metres away.
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