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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, 7, Oaks Lane, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 977 ft2 of internal area and sits on a 296 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Oaks Lane, Ilford is £526,980 and the estimated rental value is £2,473 per month.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
7, Oaks Lane, Ilford has a single entry in the Land Registry from May 2009 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 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 7, Oaks Lane, Ilford is in very good condition we estimate a sale value of £553,329 and a rental value of £2,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,092 and a rental value of £2,300 per month.
Over the last 12 months the sale value of 7 Oaks Lane Ilford has decreased by an estimated £6,723 (1.3%) and its rental value has increased by an estimated £108 per month (4.4%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 7, Oaks Lane, Ilford sits on a plot of 296m2.
We have plot size data on 39 out of 42 other houses in the postcode and 7, Oaks Lane, Ilford sits on the 20th largest plot.
According to HM Land Registry, 7, Oaks Lane, Ilford was last sold on 8th May 2009 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 127.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oaks Lane, Ilford within a radius of 480 metres over the last 2 years.
The most recent example is 21, Oaks Lane, Ilford, IG2 7PL, a freehold house which sold for £576,000 on the 25th November 2024.
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, 7, Oaks Lane, Ilford is the 97th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £54k 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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