According to the public record, 24, Rayleigh Road, Woodford Green is a early-century freehold house with 1,216 ft2 of internal area and sits on a 314 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rayleigh Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
24, Rayleigh Road, Woodford Green has a single entry in the Land Registry database from October 2013 and a single entry in the EPC database dated June 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 24 Rayleigh Road Woodford Green as £648,953 and the rental value as £2,810 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 24 Rayleigh Road Woodford Green has increased by £10,828 (1.7%) and its rental value has increased by £54 per month (1.9%).
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 24, Rayleigh Road, Woodford Green is in very good condition we estimate a sale value of £681,400 and rental value of £2,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £603,526 and a rental value of £2,614 per month.
If you were able to purchase this property for the estimated value of £648,953, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,189 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, 24, Rayleigh Road, Woodford Green sits on a plot of 314m2.
We have plot size data on 21 out of 38 other houses in the postcode and 24, Rayleigh Road, Woodford Green sits on the 5th largest plot.
According to HM Land Registry, 24, Rayleigh Road, Woodford Green was last sold on 02 Oct 2013 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2013, the market for similar properties has risen 51.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Rayleigh Road, Woodford Green within a radius of 440 metres over the last 2 years.
The most recent example is 21, Danbury Way, Woodford Green, IG8 7EZ, a Freehold house which sold for £765,000 in Nov 2022.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayleigh Road, Woodford Green, IG8 has a total of 60 addresses. According to our analysis of all the public data, 24, Rayleigh Road, Woodford Green is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in IG8.
24, Rayleigh Road, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 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 24, Rayleigh Road, Woodford Green is Woodford station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Rayleigh Road, Woodford Green, 36.6% of property is privately owned with a mortgage and 30.5% 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 24, Rayleigh Road, Woodford Green, 23.4% of residents are recorded as possessing school level qualifications and 39.6% 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 24, Rayleigh Road, 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 24, Rayleigh Road, Woodford Green, 0.5% 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 24, Rayleigh Road, Woodford Green, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.