According to the public record, 37, The Albany, Woodford Green is a modern leasehold apartment with 914 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.
37, The Albany, Woodford Green has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 37 The Albany Woodford Green as £479,359 and the rental value as £1,988 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 37 The Albany Woodford Green has increased by £8,557 (1.8%) and its rental value has increased by £53 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 37, The Albany, Woodford Green is in very good condition we estimate a sale value of £503,327 and rental value of £2,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,804 and a rental value of £1,849 per month.
If you were able to purchase this property for the estimated value of £479,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,356 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, 37, The Albany, Woodford Green was last sold on 14 Dec 2020 for £411,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, The Albany, Woodford Green within a radius of 710 metres over the last 2 years.
The most recent example is Flat 11, Aurora Court 14A, Sunset Avenue, Woodford Green, IG8 0SN, a Leasehold flat which sold for £550,000 in Nov 2023.
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, 37, The Albany, Woodford Green is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in IG8.
37, The Albany, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 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 37, 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 37, 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 37, 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 37, 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 37, 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 37, 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.