According to the public record, 40, Monkhams Drive, Woodford Green is a early-century freehold house with 3,121 ft2 of internal area and sits on a 1,089 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Monkhams Drive, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
40, Monkhams Drive, Woodford Green has 21 entries in the Land Registry database, most recently in September 2012 and a single entry in the EPC database dated February 2012.
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.
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 40 Monkhams Drive Woodford Green as £1,831,193 and the rental value as £5,641 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 40 Monkhams Drive Woodford Green has increased by £18,494 (1.0%) and its rental value has increased by £92 per month (1.6%).
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, Monkhams Drive, Woodford Green is in very good condition we estimate a sale value of £1,922,753 and rental value of £5,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,703,010 and a rental value of £5,246 per month.
If you were able to purchase this property for the estimated value of £1,831,193, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,000 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, Monkhams Drive, Woodford Green sits on a plot of 1089m2.
We have plot size data on 8 out of 15 other houses in the postcode and 40, Monkhams Drive, Woodford Green sits on the largest plot.
According to HM Land Registry, 40, Monkhams Drive, Woodford Green was last sold on 26 Sep 2012 for £1,240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2012, the market for similar properties has risen 62.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Monkhams Drive, Woodford Green within a radius of 610 metres over the last 2 years.
The most recent example is 22, Worcester Crescent, Woodford Green, IG8 0LU, a Freehold house which sold for £1,465,000 in Jul 2019.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkhams Drive, Woodford Green, IG8 has a total of 86 addresses. According to our analysis of all the public data, 40, Monkhams Drive, Woodford Green is the 8th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £1.2m more expensive than the average property in IG8.
40, Monkhams Drive, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2012.
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, Monkhams Drive, Woodford Green is Woodford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Monkhams Drive, Woodford Green, 48.1% of property is privately owned outright and 47.4% is privately owned with a mortgage.
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, Monkhams Drive, Woodford Green, 24.5% of residents are recorded as possessing school level qualifications and 54.7% 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, Monkhams Drive, 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 40, Monkhams Drive, 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 40, Monkhams Drive, Woodford Green, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.