According to the public record, 46, Rayleigh Road, Woodford Green is a mid-century house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rayleigh Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
46, Rayleigh Road, Woodford Green has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
We combine this information with public data 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 46 Rayleigh Road Woodford Green as £552,420 and the rental value as £2,449 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 46 Rayleigh Road Woodford Green has increased by £12,450 (2.3%) and its rental value has increased by £61 per month (2.5%).
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 46, Rayleigh Road, Woodford Green is in very good condition we estimate a sale value of £580,041 and rental value of £2,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £513,750 and a rental value of £2,278 per month.
If you were able to purchase this property for the estimated value of £552,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,715 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Rayleigh Road, Woodford Green within a radius of 430 metres over the last 2 years.
The most recent example is 78, Finchingfield Avenue, Woodford Green, IG8 7JR, a Freehold house which sold for £510,000 in Aug 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayleigh Road, Woodford Green, IG8 has a total of 60 addresses. According to our analysis of all the public data, 46, Rayleigh Road, Woodford Green is the 48th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in IG8.
46, Rayleigh Road, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Dec 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 46, Rayleigh Road, 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 46, Rayleigh Road, Woodford Green, 36.6% of property is privately owned with a mortgage and 30.5% 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 46, Rayleigh Road, Woodford Green, 23.4% of residents are recorded as possessing school level qualifications and 39.6% 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 46, Rayleigh Road, Woodford Green, the average age was 38.8 and the most common age was 37.
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 46, Rayleigh Road, Woodford Green, 0.5% 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 46, Rayleigh 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.