According to the public record, 10, Oaks Lane, Ilford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 824 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
10, Oaks Lane, Ilford has 31 entries in the Land Registry database, most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Oaks Lane Ilford as £463,375 and the rental value as £2,493 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 10 Oaks Lane Ilford has increased by £11,494 (2.5%) and its rental value has increased by £124 per month (5.0%).
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 10, Oaks Lane, Ilford is in very good condition we estimate a sale value of £486,543 and rental value of £2,617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,938 and a rental value of £2,318 per month.
If you were able to purchase this property for the estimated value of £463,375, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,277 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, Oaks Lane, Ilford was last sold on 14 Jun 2021 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Oaks Lane, Ilford within a radius of 480 metres over the last 2 years.
The most recent example is 34, Whites Avenue, Ilford, IG2 7PJ, a Freehold house which sold for £553,000 in Jan 2024.
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 261 addresses. According to our analysis of all the public data, 10, Oaks Lane, Ilford is the 169th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in IG2.
The closest station to 10, Oaks Lane, Ilford is Newbury Park station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Oaks Lane, Ilford, 32.4% of property is privately owned outright and 29.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Oaks Lane, Ilford, 22.8% of residents are recorded as possessing school level qualifications and 48.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Oaks Lane, Ilford, the average age was 36.6 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Oaks Lane, Ilford, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Oaks Lane, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.