According to the public record, 145, Prospect Road, Woodford Green is a period freehold house with 1,259 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Prospect Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
145, Prospect Road, Woodford Green has 2 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated February 2019.
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 145 Prospect Road Woodford Green as £663,684 and the rental value as £2,788 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 145 Prospect Road Woodford Green has increased by £10,826 (1.6%) and its rental value has increased by £54 per month (1.9%).
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 145, Prospect Road, Woodford Green is in very good condition we estimate a sale value of £696,869 and rental value of £2,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £617,227 and a rental value of £2,593 per month.
If you were able to purchase this property for the estimated value of £663,684, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,262 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, 145, Prospect Road, Woodford Green sits on a plot of 184m2.
We have plot size data on 37 out of 62 other houses in the postcode and 145, Prospect Road, Woodford Green sits on the 26th largest plot.
According to HM Land Registry, 145, Prospect Road, Woodford Green was last sold on 08 Jul 2019 for £528,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2019, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 145, Prospect Road, Woodford Green within a radius of 530 metres over the last 2 years.
The most recent example is 112, Prospect Road, Woodford Green, IG8 7ND, a Freehold house which sold for £730,000 in Dec 2022.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Woodford Green, IG8 has a total of 302 addresses. According to our analysis of all the public data, 145, Prospect Road, Woodford Green is the 29th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in IG8.
145, Prospect Road, Woodford Green has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Feb 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 145, Prospect Road, Woodford Green is Woodford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 145, Prospect Road, Woodford Green, 50.0% of property is privately owned with a mortgage and 32.3% 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 145, Prospect Road, Woodford Green, 11.7% of residents are recorded as possessing school level qualifications and 51.6% 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 145, Prospect Road, Woodford Green, the average age was 38.8 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 145, Prospect Road, Woodford Green, 1.2% 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 145, Prospect Road, Woodford Green, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.