48, Meads Lane
48, Meads Lane
Description & Estimates
48, Meads Lane, Ilford is recorded publicly as a period freehold house across 1,517 ft2 of internal area, sitting on a 151 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 48, Meads Lane, Ilford is £757,589 and its rental estimate is £3,043 per month, given the available information and assuming reasonable condition.
Meads Lane, Ilford, IG3 falls within the IG3 postal district, in the borough of Redbridge.
Our Data Sources
48, Meads Lane, Ilford has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 48, Meads Lane, Ilford, we estimate a market value of £795,468 and a rental value of £3,196 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £704,558 and £2,830 per month respectively.
Recent Market Change
Over the last year, 48, Meads Lane, Ilford has seen its estimated sale value fall by £17,520 (2.3%) and its estimated rental value move up by £95 per month (3.1%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 48, Meads Lane, Ilford as measuring 151 m2.
That makes it the 5th largest plot in the postcode, where 10 of the 12 other houses have recorded plot data.
Energy Efficiency
48, Meads Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Meads Lane, Ilford completed on 4th December 2014 at £330,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 57.2% over the period since December 2014.
- Sold Dec 2014£330,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Meads Lane, Ilford have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th March 2023, was 32, Kingswood Road, Ilford, IG3 8UE, a freehold house which sold for £600,000.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 177 addresses on Meads Lane, Ilford, IG3, 48, Meads Lane, Ilford comes out as the 11th largest and the most expensive in our analysis of the public data.
It is also £280k more expensive than the average property across the IG3 district.
More reading links
Schools Nearby
- 400mFarnham Green Primary School
- 500mDownshall Primary School
- 600mAldborough Primary School
- 900mThe Palmer Catholic Academy
- 1.0kmChadwell Heath Academy
- 1.2kmOaks Park High School
More reading links
Public Transport Nearby
From 48, Meads Lane, Ilford, the nearest station is Seven Kings, 800 metres away.
- 800mSeven Kings
- 800mGoodmayes
- 1.0kmNewbury Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
