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According to the public record, 124, Meads Lane, Ilford is a period house with 1,065 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 124, Meads Lane, Ilford is £347,442 and the estimated rental value is £1,740 per month.
Meads Lane, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
124, Meads Lane, Ilford has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2016.
We combine this information with public data 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.
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 124, Meads Lane, Ilford is in very good condition we estimate a sale value of £364,814 and a rental value of £1,826 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,121 and a rental value of £1,618 per month.
Over the last 12 months the sale value of 124 Meads Lane Ilford has decreased by an estimated £4,286 (1.2%) and its rental value has increased by an estimated £68 per month (3.9%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 124, Meads Lane, Ilford sits on a plot of 140m2.
We have plot size data on 15 out of 15 other houses in the postcode and 124, Meads Lane, Ilford sits on the largest plot.
124, Meads Lane, Ilford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 124, Meads Lane, Ilford was last sold on 23rd August 2006 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124, Meads Lane, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 4, Regent Gardens, Ilford, IG3 8UL, a freehold house which sold for £330,000 on the 22nd March 2024.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meads Lane, Ilford, IG3 has a total of 177 addresses. According to our analysis of all the public data, 124, Meads Lane, Ilford is the 48th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in IG3.
The closest station to 124, Meads Lane, Ilford is Seven Kings station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 124, Meads Lane, Ilford, 43.6% of property is privately rented and 26.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 124, Meads Lane, Ilford, 34.1% of residents are recorded as possessing school level qualifications and 33.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 124, Meads Lane, Ilford, the average age was 34.2 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 124, Meads Lane, Ilford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 124, Meads Lane, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.