According to the public record, 1, Chapel Mews, Woodford Green is a modern leasehold house with 1,033 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chapel Mews, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
1, Chapel Mews, Woodford Green has 21 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated December 2014.
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 Chapel Mews Woodford Green as £707,175 and the rental value as £2,542 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 Chapel Mews Woodford Green has increased by £14,894 (2.1%) and its rental value has increased by £73 per month (2.9%).
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, Chapel Mews, Woodford Green is in very good condition we estimate a sale value of £742,534 and rental value of £2,670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £657,673 and a rental value of £2,364 per month.
If you were able to purchase this property for the estimated value of £707,175, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,476 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 HM Land Registry, 1, Chapel Mews, Woodford Green was last sold on 31 Jul 2020 for £585,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chapel Mews, Woodford Green within a radius of 760 metres over the last 2 years.
The most recent example is 22, Ely Place, Woodford Green, IG8 8AG, a Freehold house which sold for £795,000 in May 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Mews, Woodford Green, IG8 has a total of 11 addresses. According to our analysis of all the public data, 1, Chapel Mews, Woodford Green is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in IG8.
1, Chapel Mews, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2014.
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, Chapel Mews, Woodford Green is Chigwell 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, Chapel Mews, Woodford Green, 35.2% of property is privately owned with a mortgage and 34.4% is privately owned outright.
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, Chapel Mews, Woodford Green, 19.6% of residents are recorded as possessing school level qualifications and 39.0% 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, Chapel Mews, 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, Chapel Mews, Woodford Green, 2.0% 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, Chapel Mews, Woodford Green, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.