246 Oaks Lane, Ilford, IG2 7QH is a freehold terraced property built between 1930-1949. The property offers approximately 1,302 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £577,187 , which equates to approximately £443 per square foot. It was last sold on 6 Jan 2020 for £475,000. Since then, the value has increased by £102,187, representing a 21.5% increase, or approximately 3.6% per year.

The current estimated value of £577,187 is:

  • 15.6% higher than the average property price on Oaks Lane
  • 11.2% higher than the average in the IG2 7QH postcode area
  • and 16.3% higher than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 July 2019, the property was recorded as owner-occupied.

View sold house prices in IG2 7QH

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
1302 sq ft
Tenure
Freehold
Price (estimate)
£577,187
Price Per sq ft (estimate)
£443
Bedroom Count (estimate)
4 bedrooms

EPC Summary

246 Oaks Lane, Ilford, Redbridge, Greater London Authority, IG2 7QH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Jul 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 May 2009. The rating of D is unchanged, though the energy efficiency score decreased by 11.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in 25% of fixed outlets to low energy lighting in 44% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 44% of fixed outlets
Average

Compared to IG2 7QH

15 th / 36
Price Rank
11% higher than average
4 th / 20
Size Rank
42% bigger than average
16 th / 20
Price Per Sq FT Rank
22% lower than average

Compared to other properties in IG2 7QH , this house's estimated value ranks 15th out of 36. Based on price per square foot, it ranks 16th out of 20 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 20 properties in its postcode area.

Sale History

Today
£577,187
streetscan.co.uk estimate
+22 %
6 Jan 2020
£475,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1173 sq ft
sale price: £525,000
sale date: 12 Dec 2022
rooms: 6
size: 1163 sq ft
sale price: £548,000
sale date: 16 Apr 2021
rooms: 6
size: 1216 sq ft
sale price: £470,000
sale date: 30 Sep 2020
rooms: 5
size: 1119 sq ft
sale price: £390,000
sale date: 8 Sep 2017
rooms: 5
size: 1130 sq ft
sale price: £438,000
sale date: 9 May 2016

Data Sources

The property at 246 Oaks Lane, Ilford, Redbridge, Greater London Authority, IG2 7QH appears once in the Land Registry records, with the transaction recorded on 6 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jul 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.