According to the public record, 4, Gales Way, Woodford Green is a early-century freehold house with 1,173 ft2 of internal area and sits on a 415 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gales Way, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
4, Gales Way, Woodford Green has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated February 2019.
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 4 Gales Way Woodford Green as £646,662 and the rental value as £2,772 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 4 Gales Way Woodford Green has increased by £12,120 (1.9%) and its rental value has increased by £78 per month (2.8%).
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 4, Gales Way, Woodford Green is in very good condition we estimate a sale value of £678,995 and rental value of £2,911 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £601,396 and a rental value of £2,578 per month.
If you were able to purchase this property for the estimated value of £646,662, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,178 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, 4, Gales Way, Woodford Green sits on a plot of 415m2.
We have plot size data on 5 out of 10 other houses in the postcode and 4, Gales Way, Woodford Green sits on the 3rd largest plot.
According to HM Land Registry, 4, Gales Way, Woodford Green was last sold on 25 Oct 2019 for £565,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Gales Way, Woodford Green within a radius of 710 metres over the last 2 years.
The most recent example is 1, Crownhill Road, Woodford Green, IG8 8JF, a Freehold house which sold for £675,000 in Mar 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gales Way, Woodford Green, IG8 has a total of 10 addresses. According to our analysis of all the public data, 4, Gales Way, Woodford Green is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in IG8.
4, Gales Way, Woodford Green has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Feb 2019.
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 4, Gales Way, Woodford Green is Woodford station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Gales Way, Woodford Green, 46.6% of property is privately owned with a mortgage and 39.8% 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 4, Gales Way, Woodford Green, 24.6% of residents are recorded as possessing school level qualifications and 45.0% 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 4, Gales 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 4, Gales Way, Woodford Green, 0.0% 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 4, Gales Way, Woodford Green, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.