According to the public record, 1 Gainsborough House, Woodford Green is a modern freehold house with 2,012 ft2 of internal area and sits on a 408 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Brandesbury Square, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
1 Gainsborough House, Woodford Green has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated June 2023.
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 1 Gainsborough House Woodford Green as £1,271,240 and the rental value as £3,916 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 1 Gainsborough House Woodford Green has increased by £19,062 (1.5%) and its rental value has increased by £88 per month (2.3%).
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 1 Gainsborough House, Woodford Green is in very good condition we estimate a sale value of £1,334,802 and rental value of £4,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,182,253 and a rental value of £3,642 per month.
If you were able to purchase this property for the estimated value of £1,271,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,248 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, 1 Gainsborough House, Woodford Green sits on a plot of 408m2.
According to HM Land Registry, 1 Gainsborough House, Woodford Green was last sold on 20 Dec 2022 for £1,275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Gainsborough House, Woodford Green within a radius of 740 metres over the last 2 years.
The most recent example is 9, Brandesbury Square, Woodford Green, IG8 8GU, a Freehold house which sold for £1,275,000 in Jun 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brandesbury Square, Woodford Green, IG8 has a total of 73 addresses. According to our analysis of all the public data, 1 Gainsborough House, Woodford Green is the 35th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £640k more expensive than the average property in IG8.
1 Gainsborough House, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2023.
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 1 Gainsborough House, Woodford Green is Hainault station which is 1.5 kilometres 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 1 Gainsborough House, Woodford Green, 37.2% of property is privately owned with a mortgage and 34.7% is privately 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 1 Gainsborough House, Woodford Green, 22.7% of residents are recorded as possessing school level qualifications and 45.0% 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 1 Gainsborough House, Woodford Green, the average age was 37.1 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 1 Gainsborough House, Woodford Green, 1.6% 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 1 Gainsborough House, Woodford Green, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.