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According to the public record, 4A, Oaks Lane, Ilford is a modern freehold house with 1,334 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4A, Oaks Lane, Ilford is £630,909 and the estimated rental value is £2,902 per month.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
4A, Oaks Lane, Ilford has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property 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 4A, Oaks Lane, Ilford is in very good condition we estimate a sale value of £662,455 and a rental value of £3,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £586,746 and a rental value of £2,698 per month.
Over the last 12 months the sale value of 4A Oaks Lane Ilford has decreased by an estimated £18,885 (3.0%) and its rental value has increased by an estimated £86 per month (3.0%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 4A, Oaks Lane, Ilford sits on a plot of 117m2.
We have plot size data on 39 out of 43 other houses in the postcode and 4A, Oaks Lane, Ilford sits on the 41st largest plot.
4A, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4A, Oaks Lane, Ilford was last sold on 24th November 2020 for £552,710 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Oaks Lane, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 18, Crownfield Avenue, Ilford, IG2 7RR, a freehold house which sold for £675,000 on the 30th November 2023.
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 257 addresses. According to our analysis of all the public data, 4A, Oaks Lane, Ilford is the 17th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in IG2.
The nearest school is Oaks Park High School which is 200 metres away. The nearest train station is Newbury Park which is 300 metres away.
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