According to the public record, 41, Ely Place, Woodford Green is a modern freehold house with 968 ft2 of internal area and sits on a 431 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ely Place, Woodford Green, IG8 is located in the borough of Epping Forest within the IG8 postal district.
41, Ely Place, Woodford Green has 2 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated March 2014.
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 41 Ely Place Woodford Green as £672,199 and the rental value as £2,573 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 41 Ely Place Woodford Green has increased by £16,367 (2.4%) and its rental value has increased by £94 per month (3.6%).
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 41, Ely Place, Woodford Green is in very good condition we estimate a sale value of £705,809 and rental value of £2,702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,145 and a rental value of £2,393 per month.
If you were able to purchase this property for the estimated value of £672,199, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,304 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, 41, Ely Place, Woodford Green sits on a plot of 431m2.
We have plot size data on 21 out of 48 other houses in the postcode and 41, Ely Place, Woodford Green sits on the 8th largest plot.
According to HM Land Registry, 41, Ely Place, Woodford Green was last sold on 01 Mar 2019 for £610,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Ely Place, Woodford Green within a radius of 800 metres over the last 2 years.
The most recent example is 16, St. Marys Way, Chigwell, IG7 5BX, a Freehold house which sold for £670,000 in Jul 2022.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ely Place, Woodford Green, IG8 has a total of 49 addresses. According to our analysis of all the public data, 41, Ely Place, Woodford Green is the 49th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in IG8.
41, Ely Place, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2014.
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 41, Ely Place, Woodford Green is Chigwell station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Ely Place, Woodford Green, 45.7% of property is privately owned outright and 45.0% 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 41, Ely Place, Woodford Green, 15.6% of residents are recorded as possessing school level qualifications and 43.1% 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 41, Ely Place, Woodford Green, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 41, Ely Place, Woodford Green, 0.6% of property was a second home.
Comparison figures for East of England 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 41, Ely Place, Woodford Green, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.