According to the public record, 40, Gaynes Hill Road, Woodford Green is a early-century freehold house with 1,227 ft2 of internal area and sits on a 179 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gaynes Hill Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
40, Gaynes Hill Road, Woodford Green has 21 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated September 2023.
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 40 Gaynes Hill Road Woodford Green as £607,757 and the rental value as £2,723 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 40 Gaynes Hill Road Woodford Green has increased by £11,391 (1.9%) and its rental value has increased by £76 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 40, Gaynes Hill Road, Woodford Green is in very good condition we estimate a sale value of £638,145 and rental value of £2,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,214 and a rental value of £2,532 per month.
If you were able to purchase this property for the estimated value of £607,757, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,987 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, 40, Gaynes Hill Road, Woodford Green sits on a plot of 179m2.
We have plot size data on 15 out of 24 other houses in the postcode and 40, Gaynes Hill Road, Woodford Green sits on the 14th largest plot.
According to HM Land Registry, 40, Gaynes Hill Road, Woodford Green was last sold on 23 May 2024 for £605,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Gaynes Hill Road, Woodford Green within a radius of 650 metres over the last 2 years.
The most recent example is 38, Canfield Road, Woodford Green, IG8 8JQ, a Freehold house which sold for £525,000 in Jun 2024.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gaynes Hill Road, Woodford Green, IG8 has a total of 61 addresses. According to our analysis of all the public data, 40, Gaynes Hill Road, Woodford Green is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in IG8.
40, Gaynes Hill Road, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Sep 2023.
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 40, Gaynes Hill Road, Woodford Green is Woodford station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Gaynes Hill Road, Woodford Green, 32.0% of property is privately owned with a mortgage and 25.9% 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 40, Gaynes Hill Road, Woodford Green, 23.0% of residents are recorded as possessing school level qualifications and 40.5% 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 40, Gaynes Hill Road, 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 40, Gaynes Hill Road, Woodford Green, 0.6% 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 40, Gaynes Hill Road, Woodford Green, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.