228, Green Lane
228, Green Lane
Description & Estimates
228, Green Lane, Ilford is recorded publicly as a period leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 228, Green Lane, Ilford is £271,534 and its rental estimate is £1,632 per month, given the available information and assuming reasonable condition.
Green Lane, Ilford, IG1 falls within the IG1 postal district, in the borough of Redbridge.
Our Data Sources
228, Green Lane, Ilford has 21 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated September 2014.
We combine this information with that 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
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 228, Green Lane, Ilford, we estimate a market value of £285,111 and a rental value of £1,713 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £252,527 and £1,517 per month respectively.
Recent Market Change
Over the last year, 228, Green Lane, Ilford has seen its estimated sale value move down by £10,919 (4.0%) and its estimated rental value increase by £25 per month (1.5%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
228, Green Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 228, Green Lane, Ilford completed on 3rd October 2016 at £244,000 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 3.4% over the period since October 2016.
- Sold Oct 2016£244,000
- Sold Dec 1998£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 228, Green Lane, Ilford have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 3E , Parkside, Ilford, IG1 1SX, a leasehold flat which sold for £212,000.
Read more about house prices in IG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 318 addresses on Green Lane, Ilford, IG1, 228, Green Lane, Ilford comes out as the 161st largest and the 190th most expensive in our analysis of the public data.
It is also £149k less expensive than the average property across the IG1 district.
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Schools Nearby
- 200mSS Peter and Paul's Catholic Primary School
- 300mGordon Primary School
- 500mSouth Park Primary School
- 700mThe Palmer Catholic Academy
- 1.5kmThe Ursuline Academy Ilford
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Public Transport Nearby
From 228, Green Lane, Ilford, the nearest station is Seven Kings, 700 metres away.
- 700mSeven Kings
- 1.4kmIlford
- 1.6kmGoodmayes
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
