4b Oaks Lane

    4B, OAKS LANE, ILFORD, IG2 7PL

    This terraced freehold property on Oaks Lane last sold in January 2021 for £550,000. Based on price growth in the IG2 district since then, its estimated current value is £597,623 — placing it in the 86th percentile nationally and the 75th percentile within IG2. The property covers 124 m² (1,335 sq ft), giving an estimated value of £4,820 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £550,000

    Jan 2021

    Estimated Valuation

    £597,623

    Est. £/sq ft

    £448/sq ft

    £4,820/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,335 sq ft (124 m²)
    EPC dateJul 2020
    WallsAverage thermal transmittance 0.15 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jan 2021

    £550,000

    Key Metrics

    Estimated valuation£597,623
    Value per sq ft / m²£448/sq ft (£4,820/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG2 district percentile75th percentile
    National percentile86th percentile

    District Context — IG2

    IG2 covers parts of Ilford and surrounding areas in east London, positioned within the broader Redbridge borough. The district is a mixed residential and suburban community with strong transport links and diverse population.

    Average Property Price - IG2

    £461,781

    76

    National percentile

    Average Net Household Income - IG2

    £42,567

    68

    National percentile

    10-Year Annualised Price Growth - IG2

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG2

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