7, The Close
7, The Close
Description & Estimates
7, The Close, Ilford is recorded publicly as a modern freehold house across 968 ft2 of internal area, sitting on a 265 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, The Close, Ilford is £386,591 and its rental estimate is £1,953 per month, given the available information and assuming reasonable condition.
The Close, Ilford, IG2 falls within the IG2 postal district, in the borough of Redbridge.
Our Data Sources
7, The Close, Ilford has 51 entries in the Land Registry , most recently in September 2010 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 7, The Close, Ilford, we estimate a market value of £405,921 and a rental value of £2,051 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £359,530 and £1,816 per month respectively.
Recent Market Change
Over the last year, 7, The Close, Ilford has seen its estimated sale value decline by £10,430 (2.7%) and its estimated rental value climb by £68 per month (3.5%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 7, The Close, Ilford as measuring 265 m2.
That makes it the largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
7, The Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, The Close, Ilford completed on 30th September 2010 at £236,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 96.8% over the period since September 2010.
- Sold Sep 2010£236,000
- Sold Dec 2006£230,000
- Sold May 2005£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, The Close, Ilford have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2024, was 1, Wessex Close, Ilford, IG3 8JT, a freehold house which sold for £500,000.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on The Close, Ilford, IG2, 7, The Close, Ilford comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the IG2 district.
More reading links
Schools Nearby
- 500mWilliam Torbitt Primary School
- 600mNewbury Park Primary School
- 600mAldborough Primary School
- 300mOaks Park High School
- 1.3kmThe Palmer Catholic Academy
More reading links
Public Transport Nearby
From 7, The Close, Ilford, the nearest station is Newbury Park, 200 metres away.
- 200mNewbury Park
- 1.1kmBarkingside
- 1.3kmSeven Kings
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 very low, based on Environment Agency data.
