According to the public record, 118A, Snakes Lane East, Woodford Green is a early-century apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 118, Snakes Lane East, Woodford Green, IG8.
Snakes Lane East, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
118A, Snakes Lane East, Woodford Green has no records in the Land Registry database and a single entry in the EPC database dated October 2016.
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 118A Snakes Lane East Woodford Green as £333,589 and the rental value as £1,779 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 118A Snakes Lane East Woodford Green has increased by £5,491 (1.6%) and its rental value has increased by £35 per month (2.0%).
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 118A, Snakes Lane East, Woodford Green is in very good condition we estimate a sale value of £350,268 and rental value of £1,868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,237 and a rental value of £1,654 per month.
If you were able to purchase this property for the estimated value of £333,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,639 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118A, Snakes Lane East, Woodford Green within a radius of 470 metres over the last 2 years.
The most recent example is 20, The Rodings, Woodford Green, IG8 7EU, a Leasehold flat which sold for £320,000 in Sep 2022.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Snakes Lane East, Woodford Green, IG8 has a total of 177 addresses. According to our analysis of all the public data, 118A, Snakes Lane East, Woodford Green is the 94th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £297k less expensive than the average property in IG8.
118A, Snakes Lane East, Woodford Green has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2016.
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 118A, Snakes Lane East, Woodford Green is Woodford station which is 400 metres 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 118A, Snakes Lane East, 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 118A, Snakes Lane East, 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 118A, Snakes Lane East, 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 118A, Snakes Lane East, 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 118A, Snakes Lane East, 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.