According to the public record, 603, Green Lane, Ilford is a modern freehold house with 1,485 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Green Lane, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
603, Green Lane, Ilford has 2 entries in the Land Registry database, most recently in October 2013 and a single entry in the EPC database dated January 2021.
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 603 Green Lane Ilford as £489,427 and the rental value as £2,524 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 603 Green Lane Ilford has decreased by £1,572 (0.3%) and its rental value has increased by £80 per month (3.2%).
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 603, Green Lane, Ilford is in very good condition we estimate a sale value of £513,899 and rental value of £2,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,168 and a rental value of £2,347 per month.
If you were able to purchase this property for the estimated value of £489,427, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,405 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, 603, Green Lane, Ilford sits on a plot of 220m2.
We have plot size data on 7 out of 11 other houses in the postcode and 603, Green Lane, Ilford sits on the 7th largest plot.
According to HM Land Registry, 603, Green Lane, Ilford was last sold on 25 Oct 2013 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2013, the market for similar properties has risen 63.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 603, Green Lane, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 2, Airthrie Road, Ilford, IG3 9QU, a Freehold house which sold for £510,000 in Nov 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Ilford, IG3 has a total of 580 addresses. According to our analysis of all the public data, 603, Green Lane, Ilford is the 50th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in IG3.
603, Green Lane, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 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 603, Green Lane, Ilford is Goodmayes 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 603, Green Lane, Ilford, 62.0% of property is privately rented and 18.4% is socially 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 603, Green Lane, Ilford, 28.4% of residents are recorded as possessing school level qualifications and 31.8% 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 603, Green Lane, Ilford, the average age was 34.2 and the most common age was 37.
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 603, 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 603, Green Lane, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.