According to the public record, 171, West Grove, Woodford Green is a period freehold house with 871 ft2 of internal area and sits on a 144 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Grove, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
171, West Grove, Woodford Green has 71 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated June 2022.
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 171 West Grove Woodford Green as £541,721 and the rental value as £2,370 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 171 West Grove Woodford Green has increased by £12,247 (2.3%) and its rental value has increased by £61 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 171, West Grove, Woodford Green is in very good condition we estimate a sale value of £568,807 and rental value of £2,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,800 and a rental value of £2,204 per month.
If you were able to purchase this property for the estimated value of £541,721, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,662 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, 171, West Grove, Woodford Green sits on a plot of 144m2.
We have plot size data on 37 out of 51 other houses in the postcode and 171, West Grove, Woodford Green sits on the 18th largest plot.
According to HM Land Registry, 171, West Grove, Woodford Green was last sold on 20 Oct 2022 for £584,495 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 171, West Grove, Woodford Green within a radius of 590 metres over the last 2 years.
The most recent example is 134, West Grove, Woodford Green, IG8 7NP, a Freehold house which sold for £515,000 in May 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Grove, Woodford Green, IG8 has a total of 186 addresses. According to our analysis of all the public data, 171, West Grove, Woodford Green is the 128th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in IG8.
171, West Grove, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2022.
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 171, West Grove, Woodford Green is Roding Valley station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 171, West Grove, Woodford Green, 50.4% of property is privately owned with a mortgage and 30.8% 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 171, West Grove, Woodford Green, 10.0% of residents are recorded as possessing school level qualifications and 58.5% 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 171, West Grove, 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 171, West Grove, 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 171, West Grove, 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.