247, Oaks Lane
247, Oaks Lane
Description & Estimates
According to the public record, 247, Oaks Lane, Ilford is a mid-century apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 247, Oaks Lane, Ilford is £274,155 and the estimated rental value is £1,458 per month.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Our Data Sources
247, Oaks Lane, Ilford has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 247, Oaks Lane, Ilford is in very good condition we estimate a sale value of £287,863 and a rental value of £1,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,964 and a rental value of £1,356 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 247, Oaks Lane, Ilford has fallen by £8,634 (3.1%), while its estimated rental value has moved up by £43 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
247, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 247, Oaks Lane, Ilford was last sold on 4th August 1995 for £35,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Aug 1995£35,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 247, Oaks Lane, Ilford within a radius of 870 metres over the last 2 years.
The most recent example is 74, St. Peters Close, Ilford, IG2 7QN, a leasehold flat which sold for £262,500 on the 20th February 2026.
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
Oaks Lane, Ilford, IG2 has a total of 257 addresses. According to our analysis of all the public data, 247, Oaks Lane, Ilford is the 222nd largest and the 190th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in IG2.
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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
The closest station to 247, Oaks Lane, Ilford is Barkingside station, which is 900 metres away.
- 900mBarkingside
- 1.0kmNewbury Park
- 1.6kmFairlop
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
