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According to the public record, 16, Lancing Road, Ilford is a early-century freehold house with 904 ft2 of internal area and sits on a 187 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 16, Lancing Road, Ilford is £516,886 and the estimated rental value is £2,400 per month.
Lancing Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
16, Lancing Road, Ilford has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 16, Lancing Road, Ilford is in very good condition we estimate a sale value of £542,730 and a rental value of £2,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,704 and a rental value of £2,232 per month.
Over the last 12 months the sale value of 16 Lancing Road Ilford has decreased by an estimated £6,595 (1.3%) and its rental value has increased by an estimated £104 per month (4.4%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 16, Lancing Road, Ilford sits on a plot of 187m2.
We have plot size data on 23 out of 23 other houses in the postcode and 16, Lancing Road, Ilford sits on the 9th largest plot.
16, Lancing Road, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Nov 2020.
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, 16, Lancing Road, Ilford was last sold on 27th April 2021 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lancing Road, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 27, Raymond Road, Ilford, IG2 7EA, a freehold house which sold for £465,000 on the 10th July 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancing Road, Ilford, IG2 has a total of 66 addresses. According to our analysis of all the public data, 16, Lancing Road, Ilford is the 61st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in IG2.
The nearest school is Newbury Park Primary School which is 487 metres away. The nearest train station is Newbury Park which is 500 metres away.
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