According to the public record, 69, Prospect Road, Woodford Green is a mid-century freehold house with 979 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Prospect Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
69, Prospect Road, Woodford Green has 41 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated November 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 69 Prospect Road Woodford Green as £559,425 and the rental value as £2,481 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 69 Prospect Road Woodford Green has increased by £12,432 (2.2%) and its rental value has increased by £63 per month (2.5%).
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 69, Prospect Road, Woodford Green is in very good condition we estimate a sale value of £587,396 and rental value of £2,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,265 and a rental value of £2,308 per month.
If you were able to purchase this property for the estimated value of £559,425, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,749 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, 69, Prospect Road, Woodford Green sits on a plot of 180m2.
We have plot size data on 13 out of 28 other houses in the postcode and 69, Prospect Road, Woodford Green sits on the 9th largest plot.
According to HM Land Registry, 69, Prospect Road, Woodford Green was last sold on 28 Oct 2021 for £535,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 69, Prospect Road, Woodford Green within a radius of 500 metres over the last 2 years.
The most recent example is 83, West Grove, Woodford Green, IG8 7NP, a Freehold house which sold for £540,000 in Oct 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Woodford Green, IG8 has a total of 302 addresses. According to our analysis of all the public data, 69, Prospect Road, Woodford Green is the 81st largest and the 105th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in IG8.
69, Prospect Road, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 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 69, Prospect Road, Woodford Green is Woodford station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 69, Prospect Road, Woodford Green, 42.5% of property is socially rented and 23.9% 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 69, Prospect Road, Woodford Green, 17.5% of residents are recorded as possessing school level qualifications and 34.2% 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 69, Prospect Road, 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 69, Prospect Road, Woodford Green, 1.5% 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 69, Prospect Road, Woodford Green, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.