According to the public record, 9, The Rodings, Woodford Green is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Rodings, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
9, The Rodings, Woodford Green has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated February 2022.
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 9 The Rodings Woodford Green as £310,817 and the rental value as £1,493 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 9 The Rodings Woodford Green has increased by £5,571 (1.8%) and its rental value has increased by £31 per month (2.1%).
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 9, The Rodings, Woodford Green is in very good condition we estimate a sale value of £326,357 and rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,059 and a rental value of £1,389 per month.
If you were able to purchase this property for the estimated value of £310,817, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,528 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, 9, The Rodings, Woodford Green was last sold on 06 Jul 2012 for £212,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 59.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, The Rodings, Woodford Green within a radius of 480 metres over the last 2 years.
The most recent example is 27, Baddow Close, Woodford Green, IG8 7JE, a Leasehold flat which sold for £275,000 in Dec 2021.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Rodings, Woodford Green, IG8 has a total of 35 addresses. According to our analysis of all the public data, 9, The Rodings, Woodford Green is the 25th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in IG8.
9, The Rodings, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2022.
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 9, The Rodings, 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 9, The Rodings, Woodford Green, 31.9% of property is socially rented and 31.2% 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 9, The Rodings, Woodford Green, 19.1% of residents are recorded as possessing school level qualifications and 38.6% 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 9, The Rodings, 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 9, The Rodings, 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 9, The Rodings, Woodford Green, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.