According to the public record, 7, Evergreen Apartments 253-269, Woodford Green is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 564 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Evergreen Apartments, High Road, Woodford Green, IG8.
High Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
7, Evergreen Apartments 253-269, Woodford Green has 4 entries in the Land Registry database, most recently in July 2022 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 7 Evergreen Apartments 253-269 Woodford Green as £334,529 and the rental value as £1,547 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 7 Evergreen Apartments 253-269 Woodford Green has decreased by £3,980 (1.2%) and its rental value has increased by £17 per month (1.1%).
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 7, Evergreen Apartments 253-269, Woodford Green is in very good condition we estimate a sale value of £351,255 and rental value of £1,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,112 and a rental value of £1,439 per month.
If you were able to purchase this property for the estimated value of £334,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,644 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, 7, Evergreen Apartments 253-269, Woodford Green was last sold on 29 Jul 2022 for £350,050 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Evergreen Apartments 253-269, Woodford Green within a radius of 440 metres over the last 2 years.
The most recent example is Flat 11, Tempus Court 128-138, High Road, London, E18 2QE, a Leasehold flat which sold for £320,000 in Aug 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Woodford Green, IG8 has a total of 312 addresses. According to our analysis of all the public data, 7, Evergreen Apartments 253-269, Woodford Green is the 238th largest and the 227th most expensive property on the street.
When compared to the postcode district it is £297k less expensive than the average property in IG8.
The closest station to 7, Evergreen Apartments 253-269, Woodford Green is South Woodford station which is 1.1 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 7, Evergreen Apartments 253-269, Woodford Green, 40.0% of property is privately owned with a mortgage and 28.3% 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 7, Evergreen Apartments 253-269, Woodford Green, 19.6% of residents are recorded as possessing school level qualifications and 56.2% 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 7, Evergreen Apartments 253-269, Woodford Green, the average age was 38.5 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 7, Evergreen Apartments 253-269, Woodford Green, 0.4% 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 7, Evergreen Apartments 253-269, 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.