102A, Meads Lane
102A, Meads Lane
Description & Estimates
102A, Meads Lane, Ilford is recorded publicly as a period leasehold house across 796 ft2 of internal area, sitting on a 125 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 102A, Meads Lane, Ilford is £292,083 and its rental estimate is £1,499 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
102A, Meads Lane, Ilford has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated May 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 102A, Meads Lane, Ilford, we estimate a market value of £306,687 and a rental value of £1,574 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £271,637 and £1,394 per month respectively.
Recent Market Change
Over the last year, 102A, Meads Lane, Ilford has seen its estimated sale value decline by £3,604 (1.2%) and its estimated rental value climb by £59 per month (3.9%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 102A, Meads Lane, Ilford as measuring 125 m2.
That makes it the 15th largest plot in the postcode, where all 15 other houses have recorded plot data.
Energy Efficiency
102A, Meads Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 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 102A, Meads Lane, Ilford completed on 2nd February 2023 at £236,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.0% over the period since February 2023.
- Sold Feb 2023£236,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 102A, 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 6th May 2022, was 106, Meads Lane, Ilford, IG3 8PE, a freehold house which sold for £390,000.
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 177 addresses on Meads Lane, Ilford, IG3, 102A, Meads Lane, Ilford comes out as the 128th largest and the 149th most expensive in our analysis of the public data.
It is also £186k less expensive than the average property across the IG3 district.
More reading links
Schools Nearby
- 300mDownshall Primary School
- 400mAldborough Primary School
- 500mFarnham Green Primary School
- 900mThe Palmer Catholic Academy
- 1.1kmOaks Park High School
- 1.2kmChadwell Heath Academy
More reading links
Public Transport Nearby
From 102A, Meads Lane, Ilford, the nearest station is Seven Kings, 700 metres away.
- 700mSeven Kings
- 900mNewbury Park
- 900mGoodmayes
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.
