According to the public record, 42, Monkhams Lane, Woodford Green is a mid-century house with 2,066 ft2 of internal area and sits on a 529 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Monkhams Lane, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
42, Monkhams Lane, Woodford Green has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 42 Monkhams Lane Woodford Green as £1,461,264 and the rental value as £4,501 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 42 Monkhams Lane Woodford Green has increased by £11,514 (0.8%) and its rental value has increased by £106 per month (2.4%).
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 42, Monkhams Lane, Woodford Green is in very good condition we estimate a sale value of £1,534,327 and rental value of £4,726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,358,976 and a rental value of £4,186 per month.
If you were able to purchase this property for the estimated value of £1,461,264, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,182 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, 42, Monkhams Lane, Woodford Green sits on a plot of 529m2.
We have plot size data on 14 out of 21 other houses in the postcode and 42, Monkhams Lane, Woodford Green sits on the 8th largest plot.
According to HM Land Registry, 42, Monkhams Lane, Woodford Green was last sold on 20 Aug 1999 for £306,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Monkhams Lane, Woodford Green within a radius of 690 metres over the last 2 years.
The most recent example is 25, The Glade, Woodford Green, IG8 0QA, a Freehold house which sold for £1,050,000 in Nov 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkhams Lane, Woodford Green, IG8 has a total of 106 addresses. According to our analysis of all the public data, 42, Monkhams Lane, Woodford Green is the 33rd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £830k more expensive than the average property in IG8.
42, Monkhams Lane, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 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 42, Monkhams Lane, Woodford Green is Roding Valley station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Monkhams Lane, Woodford Green, 46.6% of property is privately owned outright and 46.6% 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 42, Monkhams Lane, Woodford Green, 23.0% of residents are recorded as possessing school level qualifications and 53.4% 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 42, Monkhams Lane, 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 42, Monkhams Lane, 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 42, Monkhams Lane, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.