According to the public record, 102, Oaks Lane, Ilford is a mid-century house with 1,442 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
102, Oaks Lane, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 102 Oaks Lane Ilford as £622,150 and the rental value as £3,095 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 102 Oaks Lane Ilford has increased by £9,482 (1.5%) and its rental value has increased by £123 per month (4.0%).
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 102, Oaks Lane, Ilford is in very good condition we estimate a sale value of £653,257 and rental value of £3,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £578,599 and a rental value of £2,878 per month.
If you were able to purchase this property for the estimated value of £622,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,058 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 data from HM Land Registry, 102, Oaks Lane, Ilford sits on a plot of 251m2.
We have plot size data on 9 out of 12 other houses in the postcode and 102, Oaks Lane, Ilford sits on the 8th largest plot.
According to HM Land Registry, 102, Oaks Lane, Ilford was last sold on 30 Nov 1998 for £91,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 102, Oaks Lane, Ilford within a radius of 600 metres over the last 2 years.
The most recent example is 82, Oaks Lane, Ilford, IG2 7PX, a Freehold house which sold for £600,000 in Aug 2021.
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, 102, Oaks Lane, Ilford is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in IG2.
102, Oaks Lane, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 102, Oaks Lane, Ilford is Newbury Park station which is 500 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 102, Oaks Lane, Ilford, 36.1% of property is privately owned with a mortgage and 31.9% is privately owned outright.
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 102, Oaks Lane, Ilford, 25.5% of residents are recorded as possessing school level qualifications and 36.4% 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 102, 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 102, Oaks Lane, Ilford, 0.3% 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 102, 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.