According to the public record, 2, Park Avenue, Woodford Green is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,000 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Park Avenue, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
2, Park Avenue, Woodford Green has a single entry in the Land Registry database from April 2011 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.
•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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Park Avenue Woodford Green as £1,382,508 and the rental value as £4,259 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Park Avenue Woodford Green has increased by £15,421 (1.1%) and its rental value has increased by £59 per month (1.4%).
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 2, Park Avenue, Woodford Green is in very good condition we estimate a sale value of £1,451,633 and rental value of £4,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,285,732 and a rental value of £3,961 per month.
If you were able to purchase this property for the estimated value of £1,382,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,795 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, 2, Park Avenue, Woodford Green was last sold on 08 Apr 2011 for £845,100 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2011, the market for similar properties has risen 70.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Avenue, Woodford Green within a radius of 630 metres over the last 2 years.
The most recent example is 12, Park Avenue, Woodford Green, IG8 0EU, a Freehold house which sold for £1,250,000 in Oct 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Woodford Green, IG8 has a total of 29 addresses. According to our analysis of all the public data, 2, Park Avenue, Woodford Green is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £751k more expensive than the average property in IG8.
The closest station to 2, Park Avenue, Woodford Green is Woodford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Park Avenue, Woodford Green, 56.9% of property is privately owned outright and 34.6% 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 2, Park Avenue, Woodford Green, 24.1% of residents are recorded as possessing school level qualifications and 53.0% 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 2, Park Avenue, Woodford Green, the average age was 43.1 and the most common age was 57.
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 2, Park Avenue, Woodford Green, 3.5% 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 2, Park Avenue, Woodford Green, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.