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According to the public record, 46, Meads Lane, Ilford is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Meads Lane, Ilford is £280,788 and the estimated rental value is £1,592 per month.
The apartment is within 46, Meads Lane, Ilford, IG3.
Meads Lane, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
46, Meads Lane, Ilford has a single entry in the Land Registry from December 2011 and a single entry in the EPC database dated December 2022.
We combine this information with that 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.
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 46, Meads Lane, Ilford is in very good condition we estimate a sale value of £294,827 and a rental value of £1,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,133 and a rental value of £1,480 per month.
Over the last 12 months the sale value of 46 Meads Lane Ilford has decreased by an estimated £9,989 (3.6%) and its rental value has increased by an estimated £26 per month (1.7%), giving an expected gross yield of 6.8%.
46, Meads Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2022.
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, 46, Meads Lane, Ilford was last sold on 19th December 2011 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2011, the market for similar properties has risen 54.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Meads Lane, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 40B, Wellwood Road, Ilford, IG3 8TU, a leasehold flat which sold for £260,000 on the 4th November 2024.
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, 46, Meads Lane, Ilford is the 153rd largest and the 150th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in IG3.
The closest station to 46, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 46, 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 46, 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 46, 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 46, 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.
