According to the public record, 5, Forest Drive, Woodford Green is a early-century freehold house with 1,140 ft2 of internal area and sits on a 398 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Forest Drive, Woodford Green, IG8 is located in the borough of Waltham Forest within the IG8 postal district.
5, Forest Drive, Woodford Green has 31 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated July 2020.
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 5 Forest Drive Woodford Green as £752,295 and the rental value as £2,791 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 5 Forest Drive Woodford Green has increased by £4,827 (0.6%) and its rental value has increased by £75 per month (2.7%).
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 5, Forest Drive, Woodford Green is in very good condition we estimate a sale value of £789,910 and rental value of £2,931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £699,634 and a rental value of £2,596 per month.
If you were able to purchase this property for the estimated value of £752,295, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,697 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, 5, Forest Drive, Woodford Green sits on a plot of 398m2.
We have plot size data on 22 out of 45 other houses in the postcode and 5, Forest Drive, Woodford Green sits on the 2nd largest plot.
According to HM Land Registry, 5, Forest Drive, Woodford Green was last sold on 02 Oct 2020 for £715,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2020, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Forest Drive, Woodford Green within a radius of 670 metres over the last 2 years.
The most recent example is 33, Oak Hill, Woodford Green, IG8 9PA, a Freehold house which sold for £830,000 in Mar 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Drive, Woodford Green, IG8 has a total of 49 addresses. According to our analysis of all the public data, 5, Forest Drive, Woodford Green is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in IG8.
5, Forest Drive, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2020.
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 5, Forest Drive, Woodford Green is Highams Park station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Forest Drive, Woodford Green, 48.4% of property is privately owned with a mortgage and 43.1% 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 5, Forest Drive, Woodford Green, 23.4% of residents are recorded as possessing school level qualifications and 43.6% 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 5, Forest Drive, Woodford Green, the average age was 36.4 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 5, Forest Drive, Woodford Green, 1.1% 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 5, Forest Drive, Woodford Green, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.