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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 40, Meads Lane, Ilford is £532,282 and the estimated rental value is £2,587 per month.
Meads Lane, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
40, Meads Lane, Ilford has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated July 2023.
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.
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 40, Meads Lane, Ilford is in very good condition we estimate a sale value of £558,896 and a rental value of £2,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,022 and a rental value of £2,405 per month.
Over the last 12 months the sale value of 40 Meads Lane Ilford has decreased by an estimated £12,310 (2.3%) and its rental value has increased by an estimated £81 per month (3.1%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 40, Meads Lane, Ilford sits on a plot of 142m2.
We have plot size data on 14 out of 20 other houses in the postcode and 40, Meads Lane, Ilford sits on the 16th largest plot.
40, Meads Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Meads Lane, Ilford was last sold on 20th September 2007 for £249,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 91.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Meads Lane, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 21, Mitcham Road, Ilford, IG3 8QW, a freehold house which sold for £537,500 on the 28th March 2025.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meads Lane, Ilford, IG3 has a total of 177 addresses. According to our analysis of all the public data, 40, Meads Lane, Ilford is the 18th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in IG3.
The closest station to 40, Meads Lane, Ilford is Goodmayes station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Meads Lane, Ilford, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Meads Lane, Ilford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Meads Lane, Ilford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Meads Lane, Ilford, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.