481, Green Lane
481, Green Lane
Description & Estimates
According to the public record, 481, Green Lane, Ilford is a freehold house that sits on a 340 m2 plot.
By comparing it to neighbours, we estimate that it is an early-century house with 1,179 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 481, Green Lane, Ilford is £336,121 and the estimated rental value is £1,694 per month.
Green Lane, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
Our Data Sources
481, Green Lane, Ilford has a single entry in the Land Registry from September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 481, Green Lane, Ilford is in very good condition we estimate a sale value of £352,927 and a rental value of £1,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,592 and a rental value of £1,576 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 481, Green Lane, Ilford has declined by £7,773 (2.3%), while its estimated rental value has climbed by £53 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Plot Size
According to data from HM Land Registry, 481, Green Lane, Ilford sits on a plot of 340 m2.
We have plot size data on 18 out of 18 other houses in the postcode and 481, Green Lane, Ilford sits on the 4th largest plot.
Sold Prices
According to HM Land Registry, 481, Green Lane, Ilford was last sold on 14th September 2012 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2012, the market for similar properties has risen by 89.4%.
- Sold Sep 2012£270,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 481, Green Lane, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 477, Green Lane, Ilford, IG3 9RQ, a freehold house which sold for £300,000 on the 18th April 2024.
Read more about house prices in IG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Green Lane, Ilford, IG3 has a total of 590 addresses. According to our analysis of all the public data, 481, Green Lane, Ilford is the 112th largest and the 247th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in IG3.
More reading links
Schools Nearby
- 600mGoodmayes Primary School
- 600mAl-Noor Voluntary Aided Muslim Primary School
- 700mMayespark Primary School
- 900mThe Palmer Catholic Academy
- 900mMayfield School
- 1.3kmChadwell Heath Academy
More reading links
Public Transport Nearby
The closest station to 481, Green Lane, Ilford is Goodmayes station, which is 400 metres away.
- 400mGoodmayes
- 600mSeven Kings
- 1.6kmChadwell Heath
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
