According to the public record, 15, Parkway, Woodford Green is a early-century freehold house with 1,453 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Parkway, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
15, Parkway, Woodford Green has 2 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated November 2017.
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 15 Parkway Woodford Green as £746,791 and the rental value as £2,944 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 15 Parkway Woodford Green has increased by £11,884 (1.6%) and its rental value has increased by £73 per month (2.5%).
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 15, Parkway, Woodford Green is in very good condition we estimate a sale value of £784,131 and rental value of £3,091 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £694,516 and a rental value of £2,738 per month.
If you were able to purchase this property for the estimated value of £746,791, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,670 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, 15, Parkway, Woodford Green sits on a plot of 421m2.
We have plot size data on 13 out of 20 other houses in the postcode and 15, Parkway, Woodford Green sits on the 3rd largest plot.
According to HM Land Registry, 15, Parkway, Woodford Green was last sold on 13 Jun 2019 for £690,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Parkway, Woodford Green within a radius of 580 metres over the last 2 years.
The most recent example is 11, Heathway, Woodford Green, IG8 7RG, a Freehold house which sold for £762,500 in Apr 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkway, Woodford Green, IG8 has a total of 20 addresses. According to our analysis of all the public data, 15, Parkway, Woodford Green is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in IG8.
15, Parkway, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2017.
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 15, Parkway, Woodford Green is Roding Valley station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Parkway, Woodford Green, 44.7% of property is privately owned outright and 43.2% is privately owned with a mortgage.
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 15, Parkway, Woodford Green, 16.6% of residents are recorded as possessing school level qualifications and 47.4% 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 15, Parkway, 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 15, Parkway, Woodford Green, 0.3% 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 15, Parkway, Woodford Green, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.