According to the public record, 55, West Grove, Woodford Green is a period freehold house with 807 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Grove, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
55, West Grove, Woodford Green has 2 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated November 2014.
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 55 West Grove Woodford Green as £534,915 and the rental value as £2,315 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 55 West Grove Woodford Green has increased by £12,093 (2.3%) and its rental value has increased by £59 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, West Grove, Woodford Green is in very good condition we estimate a sale value of £561,661 and rental value of £2,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,471 and a rental value of £2,153 per month.
If you were able to purchase this property for the estimated value of £534,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,629 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, 55, West Grove, Woodford Green sits on a plot of 151m2.
We have plot size data on 27 out of 41 other houses in the postcode and 55, West Grove, Woodford Green sits on the 23rd largest plot.
According to HM Land Registry, 55, West Grove, Woodford Green was last sold on 07 Oct 2019 for £477,208 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, West Grove, Woodford Green within a radius of 540 metres over the last 2 years.
The most recent example is 94, West Grove, Woodford Green, IG8 7NP, a Freehold house which sold for £521,500 in Jun 2024.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Grove, Woodford Green, IG8 has a total of 186 addresses. According to our analysis of all the public data, 55, West Grove, Woodford Green is the 148th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in IG8.
55, West Grove, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 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 55, West Grove, Woodford Green is Woodford station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, West Grove, Woodford Green, 40.2% of property is privately owned with a mortgage and 27.3% 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 55, West Grove, Woodford Green, 18.6% of residents are recorded as possessing school level qualifications and 49.3% 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, West Grove, 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 55, West Grove, Woodford Green, 2.4% 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 55, West Grove, Woodford Green, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.