222, Oaks Lane
222, Oaks Lane
Description & Estimates
222, Oaks Lane, Ilford appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be an early-century apartment with 915 ft2 of internal area and a garden.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 222, Oaks Lane, Ilford is £364,215 and its rental estimate is £1,836 per month, given the available information and assuming reasonable condition.
Oaks Lane, Ilford, IG2 falls within the IG2 postal district, in the borough of Redbridge.
Our Data Sources
222, Oaks Lane, Ilford has 21 entries in the Land Registry , most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 222, Oaks Lane, Ilford, we estimate a market value of £382,426 and a rental value of £1,928 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £338,720 and £1,708 per month respectively.
Recent Market Change
Over the last year, 222, Oaks Lane, Ilford has seen its estimated sale value drop by £16,796 (4.6%) and its estimated rental value rise by £20 per month (1.1%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of 222, Oaks Lane, Ilford completed on 19th April 2007 at £299,900 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 44.7% over the period since April 2007.
- Sold Apr 2007£299,900
- Sold Feb 2000£141,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 222, Oaks Lane, Ilford have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2023, was 781A, Eastern Avenue, Ilford, IG2 7RX, a leasehold flat which sold for £5,000.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 257 addresses on Oaks Lane, Ilford, IG2, 222, Oaks Lane, Ilford comes out as the 120th largest and the 164th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the IG2 district.
More reading links
Schools Nearby
- 400mWilliam Torbitt Primary School
- 1.0kmAvanti Court Primary School
- 1.2kmNewbury Park Primary School
- 700mOaks Park High School
- 1.5kmKing Solomon High School
- 1.7kmChadwell Heath Academy
More reading links
Public Transport Nearby
From 222, Oaks Lane, Ilford, the nearest station is Barkingside, 900 metres away.
- 900mBarkingside
- 1.0kmNewbury Park
- 1.6kmFairlop
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.
