According to the public record, 14, Gainsborough Road, Woodford Green is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,010 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gainsborough Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
14, Gainsborough Road, Woodford Green has 31 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Gainsborough Road Woodford Green as £505,642 and the rental value as £2,308 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 14 Gainsborough Road Woodford Green has increased by £12,765 (2.5%) and its rental value has increased by £80 per month (3.5%).
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 14, Gainsborough Road, Woodford Green is in very good condition we estimate a sale value of £530,924 and rental value of £2,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,247 and a rental value of £2,147 per month.
If you were able to purchase this property for the estimated value of £505,642, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,485 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, 14, Gainsborough Road, Woodford Green was last sold on 20 Jul 2007 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2007, the market for similar properties has risen 77.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Gainsborough Road, Woodford Green within a radius of 640 metres over the last 2 years.
The most recent example is 4, Stoneycroft Road, Woodford Green, IG8 8ED, a Freehold house which sold for £445,000 in May 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Road, Woodford Green, IG8 has a total of 22 addresses. According to our analysis of all the public data, 14, Gainsborough Road, Woodford Green is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in IG8.
The closest station to 14, Gainsborough Road, Woodford Green is Woodford station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Gainsborough Road, Woodford Green, 32.0% of property is privately owned with a mortgage and 25.9% 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 14, Gainsborough Road, Woodford Green, 23.0% of residents are recorded as possessing school level qualifications and 40.5% 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 14, Gainsborough Road, Woodford Green, the average age was 39.2 and the most common age was 32.
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 14, Gainsborough Road, Woodford Green, 0.6% 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 14, Gainsborough Road, Woodford Green, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.