According to the public record, 291, Snakes Lane East, Woodford Green is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 909 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Snakes Lane East, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
291, Snakes Lane East, Woodford Green has 21 entries in the Land Registry database, most recently in February 2007 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 291 Snakes Lane East Woodford Green as £520,619 and the rental value as £2,393 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 291 Snakes Lane East Woodford Green has increased by £11,570 (2.2%) and its rental value has increased by £61 per month (2.5%).
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 291, Snakes Lane East, Woodford Green is in very good condition we estimate a sale value of £546,650 and rental value of £2,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,176 and a rental value of £2,226 per month.
If you were able to purchase this property for the estimated value of £520,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,559 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, 291, Snakes Lane East, Woodford Green was last sold on 02 Feb 2007 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 84.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 291, Snakes Lane East, Woodford Green within a radius of 570 metres over the last 2 years.
The most recent example is 518, Chigwell Road, Woodford Green, IG8 8PA, a Freehold house which sold for £500,000 in Jun 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Snakes Lane East, Woodford Green, IG8 has a total of 177 addresses. According to our analysis of all the public data, 291, Snakes Lane East, Woodford Green is the 46th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in IG8.
The closest station to 291, Snakes Lane East, Woodford Green is Woodford station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 291, Snakes Lane East, Woodford Green, 38.0% of property is privately owned outright and 37.2% 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 291, Snakes Lane East, Woodford Green, 21.6% of residents are recorded as possessing school level qualifications and 39.2% 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 291, Snakes Lane East, 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 291, Snakes Lane East, Woodford Green, 1.8% 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 291, Snakes Lane East, Woodford Green, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.