According to the public record, 42, Green Lane, Ilford is a period house with 1,001 ft2 of internal area and sits on a 115 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Green Lane, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
42, Green Lane, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2019.
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 42 Green Lane Ilford as £455,059 and the rental value as £2,345 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 42 Green Lane Ilford has increased by £7,191 (1.6%) and its rental value has increased by £108 per month (4.6%).
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 42, Green Lane, Ilford is in very good condition we estimate a sale value of £477,812 and rental value of £2,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,205 and a rental value of £2,181 per month.
If you were able to purchase this property for the estimated value of £455,059, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,236 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, 42, Green Lane, Ilford sits on a plot of 115m2.
We have plot size data on 11 out of 17 other houses in the postcode and 42, Green Lane, Ilford sits on the 8th largest plot.
According to HM Land Registry, 42, Green Lane, Ilford was last sold on 13 Jul 2001 for £101,495 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 42, Green Lane, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is 9, Stanley Road, Ilford, IG1 1RW, a Freehold house which sold for £262,500 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, 42, Green Lane, Ilford is the 53rd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in IG1.
42, Green Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 42, Green Lane, Ilford is Ilford station which is 800 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 42, Green Lane, Ilford, 44.9% of property is privately rented and 24.7% 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 42, Green Lane, Ilford, 22.7% of residents are recorded as possessing school level qualifications and 30.3% 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 42, Green Lane, Ilford, the average age was 33.7 and the most common age was 32.
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 42, Green 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 42, Green Lane, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.