According to the public record, 28, Morgan Way, Woodford Green is a modern freehold house with 1,033 ft2 of internal area and sits on a 172 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morgan Way, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
28, Morgan Way, Woodford Green has 21 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated September 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 28 Morgan Way Woodford Green as £617,177 and the rental value as £2,527 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 28 Morgan Way Woodford Green has increased by £15,581 (2.5%) and its rental value has increased by £87 per month (3.5%).
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 28, Morgan Way, Woodford Green is in very good condition we estimate a sale value of £648,035 and rental value of £2,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £573,974 and a rental value of £2,350 per month.
If you were able to purchase this property for the estimated value of £617,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,033 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, 28, Morgan Way, Woodford Green sits on a plot of 172m2.
We have plot size data on 11 out of 27 other houses in the postcode and 28, Morgan Way, Woodford Green sits on the 11th largest plot.
According to HM Land Registry, 28, Morgan Way, Woodford Green was last sold on 10 Feb 2023 for £590,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Morgan Way, Woodford Green within a radius of 600 metres over the last 2 years.
The most recent example is 20, Westfield Park Drive, Woodford Green, IG8 8FD, a Freehold house which sold for £610,000 in May 2024.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morgan Way, Woodford Green, IG8 has a total of 35 addresses. According to our analysis of all the public data, 28, Morgan Way, Woodford Green is the 25th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in IG8.
28, Morgan Way, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 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 28, Morgan Way, Woodford Green is Woodford station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Morgan 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 28, Morgan 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 28, Morgan 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 28, Morgan 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 28, Morgan 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.