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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, 8, Martley Drive, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 949 ft2 of internal area and sits on a 226 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Martley Drive, Ilford is £497,100 and the estimated rental value is £2,399 per month.
Martley Drive, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
8, Martley Drive, Ilford has 2 entries in the Land Registry , most recently in February 2009 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 8, Martley Drive, Ilford is in very good condition we estimate a sale value of £521,955 and a rental value of £2,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,303 and a rental value of £2,231 per month.
Over the last 12 months the sale value of 8 Martley Drive Ilford has decreased by an estimated £6,342 (1.3%) and its rental value has increased by an estimated £104 per month (4.4%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 8, Martley Drive, Ilford sits on a plot of 226m2.
We have plot size data on 21 out of 27 other houses in the postcode and 8, Martley Drive, Ilford sits on the 9th largest plot.
According to HM Land Registry, 8, Martley Drive, Ilford was last sold on 20th February 2009 for £218,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2009, the market for similar properties has risen 105.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Martley Drive, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 51, Martley Drive, Ilford, IG2 6SJ, a freehold house which sold for £525,000 on the 12th January 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martley Drive, Ilford, IG2 has a total of 64 addresses. According to our analysis of all the public data, 8, Martley Drive, Ilford is the 55th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in IG2.
The nearest school is St Augustine's Catholic Primary School which is 333 metres away. The nearest train station is Gants Hill which is 500 metres away.
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