According to the public record, 8, Lambs Meadow, Woodford Green is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lambs Meadow, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
8, Lambs Meadow, Woodford Green has 21 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated July 2016.
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 8 Lambs Meadow Woodford Green as £498,541 and the rental value as £2,271 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Lambs Meadow Woodford Green has increased by £11,193 (2.2%) and its rental value has increased by £69 per month (3.0%).
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 8, Lambs Meadow, Woodford Green is in very good condition we estimate a sale value of £523,468 and rental value of £2,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,643 and a rental value of £2,112 per month.
If you were able to purchase this property for the estimated value of £498,541, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,450 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, 8, Lambs Meadow, Woodford Green sits on a plot of 194m2.
We have plot size data on 13 out of 13 other houses in the postcode and 8, Lambs Meadow, Woodford Green sits on the 7th largest plot.
According to HM Land Registry, 8, Lambs Meadow, Woodford Green was last sold on 31 Mar 2017 for £410,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lambs Meadow, Woodford Green within a radius of 700 metres over the last 2 years.
The most recent example is 176, Roding Lane North, Woodford Green, IG8 8LJ, a Freehold house which sold for £450,000 in May 2023.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambs Meadow, Woodford Green, IG8 has a total of 13 addresses. According to our analysis of all the public data, 8, Lambs Meadow, Woodford Green is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in IG8.
8, Lambs Meadow, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8, Lambs Meadow, Woodford Green is South Woodford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Lambs Meadow, Woodford Green, 43.1% of property is privately owned with a mortgage and 27.7% 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 8, Lambs Meadow, Woodford Green, 26.9% of residents are recorded as possessing school level qualifications and 50.9% 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 8, Lambs Meadow, Woodford Green, the average age was 36.8 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 8, Lambs Meadow, Woodford Green, 0.5% 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 8, Lambs Meadow, Woodford Green, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.