8, South Park Drive
8, South Park Drive
Description & Estimates
8, South Park Drive, Ilford is recorded publicly as a period freehold house across 1,528 ft2 of internal area, sitting on a 461 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, South Park Drive, Ilford is £633,604 and its rental estimate is £2,859 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
8, South Park Drive, Ilford has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated May 2013.
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 8, South Park Drive, Ilford, we estimate a market value of £665,284 and a rental value of £3,002 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £589,251 and £2,658 per month respectively.
Recent Market Change
Over the last year, 8, South Park Drive, Ilford has seen its estimated sale value drop by £14,653 (2.3%) and its estimated rental value rise by £89 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 8, South Park Drive, Ilford as measuring 461 m2.
That makes it the 2nd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
8, South Park Drive, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 May 2013.
The property is not 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 8, South Park Drive, Ilford completed on 16th July 2015 at £525,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 33.7% over the period since July 2015.
- Sold Jul 2015£525,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, South Park Drive, Ilford have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th January 2024, was 345, Henley Road, Ilford, IG1 2TH, a freehold house which sold for £575,000.
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, 8, South Park Drive, Ilford comes out as the 21st largest and the 12th most expensive in our analysis of the public data.
It is also £156k more expensive than the average property across the IG3 district.
More reading links
Schools Nearby
- 500mSouth Park Primary School
- 600mGordon Primary School
- 700mSS Peter and Paul's Catholic Primary School
- 1.2kmThe Palmer Catholic Academy
- 1.3kmBarking Abbey School, A Specialist Sports and Humanities College
More reading links
Public Transport Nearby
From 8, South Park Drive, Ilford, the nearest station is Seven Kings, 1.2 kilometres away.
- 1.2kmSeven Kings
- 1.7kmGoodmayes
- 1.8kmUpney
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
