15, Water Lane
15, Water Lane
Description & Estimates
15, Water Lane, Ilford is described in the public record as a period house with 1,162 ft2 of internal area, sitting on a 253 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 15, Water Lane, Ilford is £548,976 and its rental estimate is £2,551 per month, given the available information and assuming reasonable condition.
Water Lane, Ilford, IG3 falls within the IG3 postal district, in the borough of Redbridge.
Our Data Sources
15, Water Lane, Ilford has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 15, Water Lane, Ilford, we estimate a market value of £576,424 and a rental value of £2,678 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £510,547 and £2,372 per month respectively.
Recent Market Change
Over the last year, 15, Water Lane, Ilford has seen its estimated sale value fall by £12,696 (2.3%) and its estimated rental value move up by £80 per month (3.1%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 15, Water Lane, Ilford as measuring 253 m2.
That makes it the 7th largest plot in the postcode, where all 24 other houses have recorded plot data.
Energy Efficiency
15, Water Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2024.
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 15, Water Lane, Ilford completed on 2nd December 1996 at £73,001 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Dec 1996£73,001
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Water Lane, Ilford have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th April 2024, was 27, Water Lane, Ilford, IG3 9HE, a freehold house which sold for £585,000.
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 88 addresses on Water Lane, Ilford, IG3, 15, Water Lane, Ilford comes out as the 51st largest and the 63rd most expensive in our analysis of the public data.
It is also £71k more expensive than the average property across the IG3 district.
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Schools Nearby
- 200mSouth Park Primary School
- 600mMayespark Primary School
- 900mSS Peter and Paul's Catholic Primary School
- 600mThe Palmer Catholic Academy
- 1.6kmMayfield School
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Public Transport Nearby
From 15, Water Lane, Ilford, the nearest station is Seven Kings, 500 metres away.
- 500mSeven Kings
- 1.0kmGoodmayes
- 1.9kmNewbury Park
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 very low, based on Environment Agency data.
