According to the public record, 55, Roding Lane North, Woodford Green is a mid-century apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Roding Lane North, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
55, Roding Lane North, Woodford Green has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
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 55 Roding Lane North Woodford Green as £362,433 and the rental value as £1,733 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 55 Roding Lane North Woodford Green has increased by £5,919 (1.6%) and its rental value has increased by £44 per month (2.6%).
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 55, Roding Lane North, Woodford Green is in very good condition we estimate a sale value of £380,555 and rental value of £1,820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,063 and a rental value of £1,612 per month.
If you were able to purchase this property for the estimated value of £362,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,781 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 55, Roding Lane North, Woodford Green within a radius of 620 metres over the last 2 years.
The most recent example is 19, Sands Way, Woodford Green, IG8 8EJ, a Leasehold flat which sold for £355,000 in Jul 2024.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roding Lane North, Woodford Green, IG8 has a total of 211 addresses. According to our analysis of all the public data, 55, Roding Lane North, Woodford Green is the 171st largest and the 190th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in IG8.
55, Roding Lane North, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 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 55, Roding Lane North, Woodford Green is Woodford station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Roding Lane North, Woodford Green, 33.1% of property is privately owned with a mortgage and 32.4% is privately rented.
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 55, Roding Lane North, Woodford Green, 18.1% of residents are recorded as possessing school level qualifications and 40.4% 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 55, Roding Lane North, 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 55, Roding Lane North, Woodford Green, 1.2% 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 55, Roding Lane North, Woodford Green, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.