73, Water Lane
73, Water Lane
Description & Estimates
73, Water Lane, Ilford is recorded publicly as a period freehold house across 1,915 ft2 of internal area, sitting on a 1,002 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 73, Water Lane, Ilford is £891,307 and its rental estimate is £3,628 per month, given the available information and assuming reasonable condition.
Water Lane, Ilford, IG3 falls within the IG3 postal district, in the borough of Redbridge.
Our Data Sources
73, Water Lane, Ilford has 21 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated May 2013.
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.
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 73, Water Lane, Ilford, we estimate a market value of £935,872 and a rental value of £3,810 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £828,915 and £3,374 per month respectively.
Recent Market Change
Over the last year, 73, Water Lane, Ilford has seen its estimated sale value drop by £28,777 (3.2%) and its estimated rental value rise by £66 per month (1.8%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 73, Water Lane, Ilford as measuring 1,002 m2.
That makes it the 5th largest plot in the postcode, where all 19 other houses have recorded plot data.
Energy Efficiency
73, Water Lane, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 May 2013.
The property is not 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 73, Water Lane, Ilford completed on 12th December 2017 at £759,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.9% over the period since December 2017.
- Sold Dec 2017£759,995
- Sold Jul 1998£217,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 73, Water Lane, Ilford have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th April 2024, was 12, Levett Gardens, Ilford, IG3 9BT, a freehold house which sold for £760,000.
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
Of the 88 addresses on Water Lane, Ilford, IG3, 73, Water Lane, Ilford comes out as the 13th largest and the 11th most expensive in our analysis of the public data.
It is also £413k more expensive than the average property across the IG3 district.
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Schools Nearby
- 300mSouth Park Primary School
- 600mMayespark Primary School
- 700mGordon Primary School
- 1.0kmThe Palmer Catholic Academy
- 1.5kmBarking Abbey School, A Specialist Sports and Humanities College
More reading links
Public Transport Nearby
From 73, Water Lane, Ilford, the nearest station is Seven Kings, 900 metres away.
- 900mSeven Kings
- 1.4kmGoodmayes
- 1.9kmUpney
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
