247 Oaks Lane, Ilford, IG2 7QH is a leasehold flat built between 1950-1966. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £214,875 , which equates to approximately £384 per square foot. It was last sold on 1 Sep 2020 for £191,000. Since then, the value has increased by £23,875, representing a 12.5% increase, or approximately 2.4% per year.

The current estimated value of £214,875 is:

  • 57.0% lower than the average property price on Oaks Lane
  • 58.6% lower than the average in the IG2 7QH postcode area
  • and 56.7% lower than the average price for Ilford as a whole

View sold house prices in IG2 7QH

Building approximate location

About Property

Type
Terraced Maisonette
Built
1950-1966
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£214,875
Price Per sq ft (estimate)
£384
Bedroom Count (estimate)
1 bedroom

EPC Summary

247 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 30 Aug 2018.

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 single glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to IG2 7QH

36 th / 36
Price Rank
59% lower than average
16 th / 20
Size Rank
39% smaller than average
18 th / 20
Price Per Sq FT Rank
32% lower than average

Compared to other properties in IG2 7QH , this maisonette's estimated value ranks 36th out of 36. Based on price per square foot, it ranks 18th 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 16th out of 20 properties in its postcode area.

Sale History

Today
£214,875
streetscan.co.uk estimate
+13 %
1 Sep 2020
£191,000
Leasehold
+445.7 %
4 Aug 1995
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £250,000
sale date: 31 May 2017
rooms: 3
size: 549 sq ft
sale price: £250,000
sale date: 10 Feb 2017
rooms: 3
size: 538 sq ft
sale price: £130,000
sale date: 16 Jan 2004
rooms: 3
size: 560 sq ft
sale price: £125,000
sale date: 12 Jan 2004
rooms: 3
size: 581 sq ft
sale price: £82,000
sale date: 26 Feb 2002

Data Sources

The property at 247 Oaks Lane, Ilford, IG2 7QH appears two times in the Land Registry records, with the latest transaction recorded on 1 Sep 2020. It also has a single Energy Performance Certificate (EPC) from 30 Aug 2018. 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.