According to the public record, 3, The Albany, Woodford Green is a mid-century apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Albany, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
3, The Albany, Woodford Green has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 The Albany Woodford Green as £525,288 and the rental value as £2,095 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 The Albany Woodford Green has increased by £9,376 (1.8%) and its rental value has increased by £56 per month (2.7%).
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 3, The Albany, Woodford Green is in very good condition we estimate a sale value of £551,553 and rental value of £2,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,518 and a rental value of £1,948 per month.
If you were able to purchase this property for the estimated value of £525,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,582 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, 3, The Albany, Woodford Green was last sold on 19 Jan 1996 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Albany, Woodford Green within a radius of 730 metres over the last 2 years.
The most recent example is 26, The Albany, Woodford Green, IG8 0TJ, a Leasehold flat which sold for £487,000 in Aug 2022.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Albany, Woodford Green, IG8 has a total of 43 addresses. According to our analysis of all the public data, 3, The Albany, Woodford Green is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in IG8.
3, The Albany, Woodford Green has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2020.
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 3, The Albany, Woodford Green is Highams Park station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, The Albany, Woodford Green, 59.1% of property is privately owned outright and 19.7% 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 3, The Albany, Woodford Green, 10.6% of residents are recorded as possessing school level qualifications and 33.5% 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 3, The Albany, 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 3, The Albany, Woodford Green, 4.8% 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 3, The Albany, 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.