# 3 bedroom terraced house for sale (IG3 9TL) ## Property Details | Key | Value | |-----|-------| | Address | 309 GREEN LANE, ILFORD, GREATER LONDON IG3 9TL | | Price | £335,000 | | Bedrooms | 3 | | Construction age | England and Wales: 1930-1949 | | Floor area | 74 m² | | Last sold | £340,000 Feb 2016 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 10/04/2036 - **Est. upgrade cost to C:** £25,985 ### Recommendations - Q (£7,500 - £11,000) - W1 (£5,000 - £10,000) - G (£220 - £250) - U (£8,000 - £10,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4100-3097-0722-2698-3463) ## Description If you’re looking for everything in abundance for your first or next home, then your search is going to stop here.Do not miss out on this fantastic opportunity to get your hands on this three bedroom Victorian style house situated in Seven Kings. The lounge/diner is a great place for the family to congregate in and watch your favourite TV shows or simply just sitting back and catching up with everyones days events. The good sized bedrooms are going to make choosing which one is yours a difficult decision, they have all been given a fresh coat of paint and new carpets so all you need to do is simply move in and unpack.Seven Kings station is close by where there is easy access into the City and Central London. Westfield shopping centre is only 20 minutes by train from here where you will find some of your favourite stores. There are excellent bus and road links in and around this road, all of which will take you into various parts of Essex and East London. Close to this home, you are spoilt for choice, with many shops and restaurants where you really are going to find it hard not to pop out and enjoy some of the best cultural cuisines. Ilford sports centre is only a short walk away and also a good selection of primary and secondary schools nearby.What the Owner says: When this home came onto the market, I was desperate to book a viewing. Having many friends and family close by, this was perfect for me in every way. Working in the City, I needed to be close to a station. Seven Kings is only 5 minutes away, so getting about was a breeze.I'm going to miss having everything you could wish for on your doorstep but I feel now is the right time for a new beginning.Room sizes:**GROUND FLOOR****Hallway****Lounge/diner**: 22'4 x 10'6 (6.81m x 3.20m)**Kitchen**: 9'7 x 7'4 (2.92m x 2.24m)**Bathroom****Separate WC****FIRST FLOOR****Landing****Bedroom 1**: 13'2 at narrowest point x 10'5 (4.02m x 3.18m)**Bedroom 2**: 11'6 at narrowest point x 8'1 (3.51m x 2.47m)**Bedroom 3**: 9'8 x 7'4 (2.95m x 2.24m)**OUTSIDE****Rear Garden**  The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. ## Property Photos - ![Front Elevation](/listings/photos/35906415/687509) - Front Elevation - ![Lounge/Diner](/listings/photos/35906415/687512) - Lounge/Diner - ![Bedroom 1](/listings/photos/35906415/687515) - Bedroom 1 - ![Lounge/Diner](/listings/photos/35906415/687519) - Lounge/Diner - ![Bedroom 2](/listings/photos/35906415/687524) - Bedroom 2 - ![Bathroom](/listings/photos/35906415/687532) - Bathroom - ![Kitchen](/listings/photos/35906415/687535) - Kitchen - ![Lounge/Diner](/listings/photos/35906415/687537) - Lounge/Diner - ![Bedroom 1](/listings/photos/35906415/687538) - Bedroom 1 - ![Bedroom 3](/listings/photos/35906415/687539) - Bedroom 3 ## Floorplans - ![Ground Floor plan](/listings/photos/35906415/687540) - Ground Floor plan - ![First Floor plan](/listings/photos/35906415/687541) - First Floor plan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 309 GREEN LANE, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9TL | £340,000 | 23/02/2016 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 17 AUDLEY GARDENS, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9LB | £515,000 | 17/10/2023 | Terraced | | 49 GUILDFORD ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9YD | £420,000 | 30/06/2023 | Terraced | | 15 CLAREMONT GARDENS, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AH | £455,000 | 01/06/2023 | Terraced | | 38 CLANDON ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8BB | £454,000 | 02/05/2023 | Terraced | | [Same street] 301 GREEN LANE, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9TL | £370,000 | 31/03/2023 | Terraced | | [Same street] 303 GREEN LANE, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9TL | £467,000 | 09/11/2022 | Terraced | | 68 GUILDFORD ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9YD | £485,000 | 28/10/2022 | Terraced | | 25 NEW ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AU | £490,000 | 25/08/2022 | Terraced | | 39 GUILDFORD ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9YB | £440,000 | 19/08/2022 | Terraced | | 33 AUDLEY GARDENS, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9LB | £580,000 | 16/08/2022 | Terraced | | 40 NEW ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AR | £495,000 | 16/08/2022 | Terraced | | 68 NEW ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AT | £475,000 | 15/07/2022 | Terraced | | 9 GUILDFORD ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9YB | £520,000 | 28/06/2022 | Terraced | | 25 NORTH ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AJ | £600,000 | 24/06/2022 | Terraced | | 12 AUDLEY GARDENS, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9LB | £485,000 | 09/05/2022 | Terraced | | 2 LAMBOURNE ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8BD | £440,000 | 21/04/2022 | Terraced | | 32 SALISBURY ROAD, SEVEN KINGS, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8BE | £410,000 | 14/04/2022 | Terraced | | 59 GUILDFORD ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 9YD | £470,000 | 31/03/2022 | Terraced | | 5 NORTH ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AJ | £435,000 | 13/01/2022 | Terraced | | 36 NEW ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AR | £425,000 | 15/12/2021 | Terraced | | 4 SALISBURY ROAD, SEVEN KINGS, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8BE | £417,000 | 25/11/2021 | Terraced | | 40 NEW ROAD, ILFORD, REDBRIDGE, GREATER LONDON, IG3 8AR | £371,000 | 29/10/2021 | Terraced | **Street average:** £418,500 (2 sales) **Area average:** £469,100 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £502,032 (31 Terraced, IG3, 2024–2026) - **Deviation:** -33.3% ## Rental Range *ONS Price Index of Private Rents (Redbridge). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,552/mo - **Realistic:** £1,724/mo - **Optimistic:** £1,896/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Outer North East London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,496/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Flat, Aldborough Rd. S, IG3 | £1,975/mo | 3 | 0.47 miles | OpenRent | | 3 Bed Flat, Colenso Road, IG2 | £2,600/mo | 3 | 0.48 miles | OpenRent | **Average rent: £2,288/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.68% (weak for cashflow) - **Max investor price (0.8%):** £286,000 - **Target investor price (1%):** £228,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £2,288/mo).* - **Gross yield:** 8.2% - **Cost-to-rent:** 12.2× - **Monthly cashflow:** £715/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,527/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 6.6% - **10y growth:** 21.5% ## House Price Index (HM Land Registry) *Official index for Redbridge; Terraced series; as of March 2026.* - **1y growth (index):** 1.8% - **5y growth (index):** 18.5% - **10y growth (index):** 38.4% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)