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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Oaks Lane, Ilford is a modern freehold house with 1,334 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Oaks Lane, Ilford is £634,253 and the estimated rental value is £2,954 per month.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
4, Oaks Lane, Ilford has 2 entries in the Land Registry , most recently in December 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 5 out of 5 and is considered of high accuracy.
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 4, Oaks Lane, Ilford is in very good condition we estimate a sale value of £665,966 and a rental value of £3,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,855 and a rental value of £2,747 per month.
Over the last 12 months the sale value of 4 Oaks Lane Ilford has decreased by an estimated £8,915 (1.4%) and its rental value has increased by an estimated £116 per month (3.9%), giving an expected gross yield of 5.6%.
4, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Oaks Lane, Ilford was last sold on 4th December 2020 for £550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Oaks Lane, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 18, Crownfield Avenue, Ilford, IG2 7RR, a freehold house which sold for £675,000 on the 30th November 2023.
Read more about house prices in IG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaks Lane, Ilford, IG2 has a total of 259 addresses. According to our analysis of all the public data, 4, Oaks Lane, Ilford is the 19th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in IG2.
The nearest school is Oaks Park High School which is 213 metres away. The nearest train station is Newbury Park which is 300 metres away.
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