According to the public record, 16 Mill Houses 27, Woodford Green is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mill Houses, Mill Lane, Woodford Green, IG8.
Mill Lane, Woodford Green, IG8 is located in the borough of Waltham Forest within the IG8 postal district.
16 Mill Houses 27, Woodford Green has 41 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Mill Houses 27 Woodford Green as £281,750 and the rental value as £1,570 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 16 Mill Houses 27 Woodford Green has increased by £5,396 (1.9%) and its rental value has increased by £41 per month (2.6%).
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 16 Mill Houses 27, Woodford Green is in very good condition we estimate a sale value of £295,837 and rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,027 and a rental value of £1,460 per month.
If you were able to purchase this property for the estimated value of £281,750, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,385 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, 16 Mill Houses 27, Woodford Green was last sold on 01 Aug 2019 for £264,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2019, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Mill Houses 27, Woodford Green within a radius of 630 metres over the last 2 years.
The most recent example is 26, Payzes Gardens, Woodford Green, IG8 9QN, a Leasehold flat which sold for £321,000 in Oct 2021.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Woodford Green, IG8 has a total of 50 addresses. According to our analysis of all the public data, 16 Mill Houses 27, Woodford Green is the 22nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £349k less expensive than the average property in IG8.
16 Mill Houses 27, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2019.
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 16 Mill Houses 27, Woodford Green is Woodford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16 Mill Houses 27, Woodford Green, 48.2% of property is socially rented and 23.2% 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 16 Mill Houses 27, Woodford Green, 19.6% of residents are recorded as possessing school level qualifications and 43.4% 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 16 Mill Houses 27, Woodford Green, the average age was 39.4 and the most common age was 52.
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 16 Mill Houses 27, Woodford Green, 0.0% 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 16 Mill Houses 27, Woodford Green, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.