246, Oaks Lane
246, Oaks Lane
Description & Estimates
Public records show 246, Oaks Lane, Ilford to be an early-century freehold house with 1,302 ft2 of internal area, sitting on a 221 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
246, Oaks Lane, Ilford has an estimated sale value of £551,212 and an estimated rental value of £2,746 per month, assuming reasonable condition and based on the information available.
Oaks Lane, Ilford, IG2 lies in the borough of Redbridge, within the IG2 postal district.
Our Data Sources
246, Oaks Lane, Ilford has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated July 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.
Price Range & Condition
In very good condition, we estimate 246, Oaks Lane, Ilford would be worth £578,773, with a potential rental value of £2,884 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £512,627, with a rental value of £2,554 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 246, Oaks Lane, Ilford has fallen by £16,499 (3.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £82 (3.0%). The property's estimated gross yield is currently 6.0%.
Plot Size
246, Oaks Lane, Ilford occupies a 221 m2 plot as recorded by HM Land Registry.
Of the 34 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 31st largest.
Energy Efficiency
246, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
246, Oaks Lane, Ilford last changed hands on 6th January 2020, selling for £475,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 11.5% since January 2020.
- Sold Jan 2020£475,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 910 metres of 246, Oaks Lane, Ilford across the last 2 years.
Most recently, 34, Roy Gardens, Ilford, IG2 7QQ, a freehold house, sold at £575,000 on the 31st March 2025.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 246, Oaks Lane, Ilford as the 23rd largest and the 53rd most expensive of the 257 addresses on Oaks Lane, Ilford, IG2.
Against the IG2 postcode district average, it is £84k more expensive than the typical property.
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
Barkingside station is the nearest stop to 246, Oaks Lane, Ilford at 900 metres away.
- 900mBarkingside
- 1.0kmNewbury Park
- 1.6kmFairlop
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
