According to the public record, 42, Waltham Road, Woodford Green is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 912 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Waltham Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
42, Waltham Road, Woodford Green has a single entry in the Land Registry database from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 42 Waltham Road Woodford Green as £501,286 and the rental value as £2,326 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 42 Waltham Road Woodford Green has increased by £12,571 (2.5%) and its rental value has increased by £86 per month (3.7%).
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, Waltham Road, Woodford Green is in very good condition we estimate a sale value of £526,350 and rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,196 and a rental value of £2,163 per month.
If you were able to purchase this property for the estimated value of £501,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,464 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 HM Land Registry, 42, Waltham Road, Woodford Green was last sold on 17 Sep 2007 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 78.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Waltham Road, Woodford Green within a radius of 740 metres over the last 2 years.
The most recent example is 30, Waltham Road, Woodford Green, IG8 8DN, a Freehold house which sold for £526,500 in Apr 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waltham Road, Woodford Green, IG8 has a total of 127 addresses. According to our analysis of all the public data, 42, Waltham Road, Woodford Green is the 91st largest and the 91st most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in IG8.
The closest station to 42, Waltham Road, Woodford Green is Roding Valley station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Waltham Road, Woodford Green, 47.5% of property is privately owned with a mortgage and 28.3% 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 42, Waltham Road, Woodford Green, 20.7% of residents are recorded as possessing school level qualifications and 29.1% 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 42, Waltham 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 42, Waltham Road, Woodford Green, 0.4% 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, Waltham Road, Woodford Green, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.