Flat 1, 422A
Flat 1, 422A
Description & Estimates
According to the public record, Flat 1, 422A, Green Lane, Ilford is a modern apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 422A, Green Lane, Ilford is £224,082 and the estimated rental value is £1,413 per month.
The apartment is within 422A, Green Lane, Ilford, IG3.
Green Lane, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
Our Data Sources
Flat 1, 422A, Green Lane, Ilford has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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
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 Flat 1, 422A, Green Lane, Ilford is in very good condition we estimate a sale value of £235,286 and a rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,396 and a rental value of £1,314 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 422A, Green Lane, Ilford has declined by £5,064 (2.3%), while its estimated rental value has climbed by £39 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Energy Efficiency
Flat 1, 422A, Green Lane, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 422A, Green Lane, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 325, Green Lane, Ilford, IG3 9TL, a leasehold flat which sold for £395,000 on the 17th November 2023.
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
Green Lane, Ilford, IG3 has a total of 590 addresses. According to our analysis of all the public data, Flat 1, 422A, Green Lane, Ilford is the 317th largest and the 483rd most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in IG3.
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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
The closest station to Flat 1, 422A, Green Lane, Ilford is Seven Kings station, which is 400 metres away.
- 400mSeven Kings
- 1.0kmGoodmayes
- 1.7kmNewbury Park
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
