According to the public record, 290, Green Lane, Ilford is a period leasehold house with 1,248 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Green Lane, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
290, Green Lane, Ilford has a single entry in the Land Registry database from September 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that 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 290 Green Lane Ilford as £470,428 and the rental value as £2,514 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 290 Green Lane Ilford has increased by £1,295 (0.3%) and its rental value has increased by £92 per month (3.6%).
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 290, Green Lane, Ilford is in very good condition we estimate a sale value of £493,949 and rental value of £2,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,498 and a rental value of £2,338 per month.
If you were able to purchase this property for the estimated value of £470,428, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,312 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, 290, Green Lane, Ilford was last sold on 12 Sep 2014 for £305,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Sep 2014, the market for similar properties has risen 45.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 290, Green Lane, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 24, Highbury Gardens, Ilford, IG3 8AA, a Freehold house which sold for £450,000 in Mar 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Ilford, IG1 has a total of 317 addresses. According to our analysis of all the public data, 290, Green Lane, Ilford is the 25th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in IG1.
290, Green Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jun 2014.
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 290, Green Lane, Ilford is Seven Kings station which is 600 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 290, Green Lane, Ilford, 30.4% of property is privately owned with a mortgage and 28.7% 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 290, Green Lane, Ilford, 25.2% of residents are recorded as possessing school level qualifications and 39.2% 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 290, Green Lane, Ilford, the average age was 34.7 and the most common age was 12.
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 290, Green Lane, Ilford, 0.0% 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 290, Green Lane, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.