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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 172, Oaks Lane, Ilford is £530,957 and the estimated rental value is £2,594 per month.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
172, Oaks Lane, Ilford has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 172, Oaks Lane, Ilford is in very good condition we estimate a sale value of £557,505 and a rental value of £2,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £493,790 and a rental value of £2,413 per month.
Over the last 12 months the sale value of 172 Oaks Lane Ilford has decreased by an estimated £6,774 (1.3%) and its rental value has increased by an estimated £113 per month (4.4%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 172, Oaks Lane, Ilford sits on a plot of 255m2.
We have plot size data on 32 out of 39 other houses in the postcode and 172, Oaks Lane, Ilford sits on the 10th largest plot.
172, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 172, Oaks Lane, Ilford was last sold on 23rd April 2021 for £466,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 172, Oaks Lane, Ilford within a radius of 670 metres over the last 2 years.
The most recent example is 17, Mendip Road, Ilford, IG2 7PN, a freehold house which sold for £510,000 on the 5th July 2024.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaks Lane, Ilford, IG2 has a total of 259 addresses. According to our analysis of all the public data, 172, Oaks Lane, Ilford is the 66th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in IG2.
The nearest school is Oaks Park High School which is 384 metres away. The nearest train station is Barkingside which is 600 metres away.
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