According to the public record, 56, Newlands Road, Woodford Green is a modern house with 1,140 ft2 of internal area and sits on a 287 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newlands Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
56, Newlands Road, Woodford Green has no records in the Land Registry database and a single entry in the EPC database dated August 2019.
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 56 Newlands Road Woodford Green as £743,048 and the rental value as £2,814 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 56 Newlands Road Woodford Green has increased by £8,616 (1.2%) and its rental value has increased by £80 per month (2.9%).
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 56, Newlands Road, Woodford Green is in very good condition we estimate a sale value of £780,200 and rental value of £2,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £691,034 and a rental value of £2,617 per month.
If you were able to purchase this property for the estimated value of £743,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,652 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, 56, Newlands Road, Woodford Green sits on a plot of 287m2.
We have plot size data on 22 out of 28 other houses in the postcode and 56, Newlands Road, Woodford Green sits on the 21st largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Newlands Road, Woodford Green within a radius of 730 metres over the last 2 years.
The most recent example is 54, Newlands Road, Woodford Green, IG8 0RU, a Freehold house which sold for £653,000 in Nov 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newlands Road, Woodford Green, IG8 has a total of 73 addresses. According to our analysis of all the public data, 56, Newlands Road, Woodford Green is the 43rd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in IG8.
56, Newlands Road, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2019.
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 56, Newlands Road, Woodford Green is Chingford station which is 1.3 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 56, Newlands Road, Woodford Green, 57.0% of property is privately owned outright and 35.2% is privately owned with a mortgage.
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 56, Newlands Road, Woodford Green, 18.3% of residents are recorded as possessing school level qualifications and 41.2% 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 56, Newlands Road, Woodford Green, the average age was 43.1 and the most common age was 57.
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 56, Newlands Road, Woodford Green, 0.6% 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 56, Newlands Road, 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.