1B, Water Lane
1B, Water Lane
Description & Estimates
The public record describes 1B, Water Lane, Ilford as a modern house with 828 ft2 of internal area, sitting on a 153 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1B, Water Lane, Ilford has an estimated sale value of £476,471 and an estimated rental value of £2,244 per month, assuming reasonable condition and based on the information available.
Water Lane, Ilford, IG3 lies in the borough of Redbridge, within the IG3 postal district.
Our Data Sources
1B, Water Lane, Ilford has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 1B, Water Lane, Ilford would be worth £500,295, with a potential rental value of £2,356 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £443,118, with a rental value of £2,087 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 1B, Water Lane, Ilford has dropped by £5,878 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £88 (3.9%). The property's estimated gross yield is currently 5.7%.
Plot Size
1B, Water Lane, Ilford occupies a 153 m2 plot as recorded by HM Land Registry.
All 24 other houses in this postcode have recorded plot sizes, and this one ranks as the 21st largest.
Energy Efficiency
1B, Water Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 1B, Water Lane, Ilford across the last 2 years.
Most recently, 12, Water Lane, Ilford, IG3 9HE, a freehold house, sold at £505,000 on the 27th February 2025.
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
Our analysis of the public data ranks 1B, Water Lane, Ilford as the 71st largest and the 71st most expensive of the 88 addresses on Water Lane, Ilford, IG3.
Against the IG3 postcode district average, it is £1k less expensive than the typical property.
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Schools Nearby
- 200mSouth Park Primary School
- 600mMayespark Primary School
- 900mSS Peter and Paul's Catholic Primary School
- 600mThe Palmer Catholic Academy
- 1.6kmMayfield School
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Public Transport Nearby
Seven Kings station is the nearest stop to 1B, Water Lane, Ilford at 500 metres away.
- 500mSeven Kings
- 1.0kmGoodmayes
- 1.9kmNewbury Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
