126, Meads Lane
126, Meads Lane
Description & Estimates
The public record describes 126, Meads Lane, Ilford as a period house with 990 ft2 of internal area, sitting on a 131 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
126, Meads Lane, Ilford has an estimated sale value of £334,176 and an estimated rental value of £1,685 per month, assuming reasonable condition and based on the information available.
Meads Lane, Ilford, IG3 lies in the borough of Redbridge, within the IG3 postal district.
Our Data Sources
126, Meads Lane, Ilford has no records in the the Land Registry and a single entry in the EPC database dated July 2014.
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.
Price Range & Condition
In very good condition, we estimate 126, Meads Lane, Ilford would be worth £350,884, with a potential rental value of £1,769 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £310,783, with a rental value of £1,567 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 126, Meads Lane, Ilford has declined by £4,123 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £66 (3.9%). The property's estimated gross yield is currently 6.1%.
Plot Size
126, Meads Lane, Ilford occupies a 131 m2 plot as recorded by HM Land Registry.
All 15 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
126, Meads Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 126, Meads Lane, Ilford across the last 2 years.
Most recently, 106, Meads Lane, Ilford, IG3 8PE, a freehold house, sold at £390,000 on the 6th May 2022.
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
Our analysis of the public data ranks 126, Meads Lane, Ilford as the 68th largest and the 133rd most expensive of the 177 addresses on Meads Lane, Ilford, IG3.
Against the IG3 postcode district average, it is £144k less expensive than the typical property.
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Schools Nearby
- 300mDownshall Primary School
- 400mAldborough Primary School
- 500mFarnham Green Primary School
- 900mThe Palmer Catholic Academy
- 1.1kmOaks Park High School
- 1.2kmChadwell Heath Academy
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Public Transport Nearby
Seven Kings station is the nearest stop to 126, Meads Lane, Ilford at 700 metres away.
- 700mSeven Kings
- 900mNewbury Park
- 900mGoodmayes
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
