According to the public record, 20, Sands Way, Woodford Green is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sands Way, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
20, Sands Way, Woodford Green has 21 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated March 2013.
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 20 Sands Way Woodford Green as £332,100 and the rental value as £1,612 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 20 Sands Way Woodford Green has increased by £5,424 (1.6%) 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 20, Sands Way, Woodford Green is in very good condition we estimate a sale value of £348,705 and rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,853 and a rental value of £1,499 per month.
If you were able to purchase this property for the estimated value of £332,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,632 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, 20, Sands Way, Woodford Green was last sold on 11 Apr 2014 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Sands Way, Woodford Green within a radius of 620 metres over the last 2 years.
The most recent example is 9, Westfield Park Drive, Woodford Green, IG8 8FD, a Leasehold flat which sold for £325,000 in Dec 2021.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sands Way, Woodford Green, IG8 has a total of 21 addresses. According to our analysis of all the public data, 20, Sands Way, Woodford Green is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £299k less expensive than the average property in IG8.
20, Sands Way, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2013.
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 20, Sands Way, Woodford Green is Roding Valley station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Sands Way, Woodford Green, 33.1% of property is privately owned with a mortgage and 32.4% is privately rented.
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 20, Sands Way, Woodford Green, 18.1% of residents are recorded as possessing school level qualifications and 40.4% 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 20, Sands Way, Woodford Green, the average age was 39.2 and the most common age was 32.
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 20, Sands Way, 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 20, Sands Way, Woodford Green, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.