According to the public record, 5, Regents Drive, Woodford Green is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,359 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Regents Drive, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
5, Regents Drive, Woodford Green has 21 entries in the Land Registry database, most recently in May 2008 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 5 Regents Drive Woodford Green as £1,451,847 and the rental value as £4,472 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 5 Regents Drive Woodford Green has increased by £21,770 (1.5%) and its rental value has increased by £101 per month (2.3%).
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, Regents Drive, Woodford Green is in very good condition we estimate a sale value of £1,524,440 and rental value of £4,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,350,218 and a rental value of £4,159 per month.
If you were able to purchase this property for the estimated value of £1,451,847, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,135 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, 5, Regents Drive, Woodford Green was last sold on 16 May 2008 for £990,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2008, the market for similar properties has risen 97.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Regents Drive, Woodford Green within a radius of 720 metres over the last 2 years.
The most recent example is 21, Regents Drive, Woodford Green, IG8 8RZ, a Freehold house which sold for £1,093,000 in Aug 2018.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Regents Drive, Woodford Green, IG8 has a total of 69 addresses. According to our analysis of all the public data, 5, Regents Drive, Woodford Green is the 26th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £821k more expensive than the average property in IG8.
The closest station to 5, Regents Drive, Woodford Green is Chigwell station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Regents Drive, Woodford Green, 35.2% of property is privately owned with a mortgage and 34.4% 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, Regents Drive, Woodford Green, 19.6% of residents are recorded as possessing school level qualifications and 39.0% 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, Regents Drive, Woodford Green, the average age was 37.1 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, Regents Drive, Woodford Green, 2.0% 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 5, Regents Drive, 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.