240, Oaks Lane
240, Oaks Lane
Description & Estimates
240, Oaks Lane, Ilford is recorded publicly as an early-century freehold house across 1,388 ft2 of internal area, sitting on a 327 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 240, Oaks Lane, Ilford is £669,336 and its rental estimate is £2,983 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
240, Oaks Lane, Ilford has 31 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 240, Oaks Lane, Ilford, we estimate a market value of £702,802 and a rental value of £3,132 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £622,482 and £2,774 per month respectively.
Recent Market Change
Over the last year, 240, Oaks Lane, Ilford has seen its estimated sale value decrease by £20,035 (3.0%) and its estimated rental value grow by £89 per month (3.0%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 240, Oaks Lane, Ilford as measuring 327 m2.
That makes it the 25th largest plot in the postcode, where 33 of the 34 other houses have recorded plot data.
Energy Efficiency
240, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 240, Oaks Lane, Ilford completed on 16th November 2020 at £456,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 4.8% over the period since November 2020.
- Sold Nov 2020£456,000
- Sold Oct 2011£330,000
- Sold Feb 1996£89,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 240, Oaks Lane, Ilford have sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd March 2026, was 38, Roy Gardens, Ilford, IG2 7QQ, a freehold house which sold for £650,000.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 257 addresses on Oaks Lane, Ilford, IG2, 240, Oaks Lane, Ilford comes out as the 13th largest and the 6th most expensive in our analysis of the public data.
It is also £202k more 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 240, 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.
