According to the public record, 32, Rayleigh Road, Woodford Green is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 305 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.
32, Rayleigh Road, Woodford Green has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated July 2015.
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 32 Rayleigh Road Woodford Green as £662,879 and the rental value as £2,823 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 32 Rayleigh Road Woodford Green has increased by £11,061 (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 32, Rayleigh Road, Woodford Green is in very good condition we estimate a sale value of £696,023 and rental value of £2,964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,478 and a rental value of £2,626 per month.
If you were able to purchase this property for the estimated value of £662,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,258 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, 32, Rayleigh Road, Woodford Green sits on a plot of 305m2.
We have plot size data on 21 out of 38 other houses in the postcode and 32, Rayleigh Road, Woodford Green sits on the 8th largest plot.
According to HM Land Registry, 32, Rayleigh Road, Woodford Green was last sold on 25 Jun 2015 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 26.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Rayleigh Road, Woodford Green within a radius of 450 metres over the last 2 years.
The most recent example is 57, Finchingfield Avenue, Woodford Green, IG8 7JZ, a Freehold house which sold for £595,000 in Sep 2023.
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, 32, Rayleigh Road, Woodford Green is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in IG8.
32, Rayleigh Road, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2015.
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 32, 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 32, 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 32, 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 32, 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 32, 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 32, 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.