398A, Green Lane
398A, Green Lane
Description & Estimates
Public records show 398A, Green Lane, Ilford to be an early-century leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
398A, Green Lane, Ilford has an estimated sale value of £209,401 and an estimated rental value of £1,327 per month, assuming reasonable condition and based on the information available.
Green Lane, Ilford, IG3 lies in the borough of Redbridge, within the IG3 postal district.
Our Data Sources
398A, Green Lane, Ilford has 51 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated April 2022.
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
In very good condition, we estimate 398A, Green Lane, Ilford would be worth £219,871, with a potential rental value of £1,394 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,743, with a rental value of £1,234 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 398A, Green Lane, Ilford has fallen by £7,450 (3.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (1.7%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
398A, Green Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
398A, Green Lane, Ilford last changed hands on 22nd June 2015, selling for £147,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 45.0% since June 2015.
- Sold Jun 2015£147,000
- Sold Jul 2012£128,000
- Sold Jul 2003£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 398A, Green Lane, Ilford across the last 2 years.
Most recently, Flat 1, 324, Green Lane, Ilford, IG3 9JE, a leasehold flat, sold at £250,000 on the 23rd April 2021.
Read more about house prices in IG3.
- Sold Apr 2021£250,000 | 2 Bed FlatFlat 1, 324, Green Lane, Ilford, IG3 9JEFlat 1, 324, Green Lane, Ilford, IG3 9JE
- Sold Aug 2019£225,000 | 2 Bed Flat12, Hobbs Mews, Ilford, IG3 9JZ12, Hobbs Mews, Ilford, IG3 9JZ
- Sold Jun 2012£109,000 | 2 Bed Flat400A, Green Lane, Ilford, IG3 9JX400A, Green Lane, Ilford, IG3 9JX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 398A, Green Lane, Ilford as the 331st largest and the 503rd most expensive of the 590 addresses on Green Lane, Ilford, IG3.
Against the IG3 postcode district average, it is £268k less expensive than the typical property.
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Schools Nearby
- 300mSouth Park Primary School
- 700mMayespark Primary School
- 800mSS Peter and Paul's Catholic Primary School
- 500mThe Palmer Catholic Academy
- 1.6kmMayfield School
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Public Transport Nearby
Seven Kings station is the nearest stop to 398A, Green Lane, Ilford at 400 metres away.
- 400mSeven Kings
- 1.0kmGoodmayes
- 1.7kmNewbury Park
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
