According to the public record, Apartment 6, Raine Gardens, Woodford Green is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Raine Gardens, Mornington Road, Woodford Green, IG8.
Mornington Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
Apartment 6, Raine Gardens, Woodford Green has 3 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 6 Raine Gardens Woodford Green as £364,438 and the rental value as £1,731 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Apartment 6 Raine Gardens Woodford Green has decreased by £463 (0.1%) and its rental value has increased by £13 per month (0.7%).
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 Apartment 6, Raine Gardens, Woodford Green is in very good condition we estimate a sale value of £382,660 and rental value of £1,817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,927 and a rental value of £1,610 per month.
If you were able to purchase this property for the estimated value of £364,438, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,791 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, Apartment 6, Raine Gardens, Woodford Green was last sold on 28 May 2021 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 6, Raine Gardens, Woodford Green within a radius of 760 metres over the last 2 years.
The most recent example is Unit 2, Percival House 526-534, High Road, Woodford Green, IG8 0PN, a Leasehold flat which sold for £380,000 in May 2024.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Road, Woodford Green, IG8 has a total of 75 addresses. According to our analysis of all the public data, Apartment 6, Raine Gardens, Woodford Green is the 66th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £267k less expensive than the average property in IG8.
Apartment 6, Raine Gardens, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 6, Raine Gardens, Woodford Green is Woodford station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 6, Raine Gardens, Woodford Green, 41.9% of property is privately owned with a mortgage and 33.8% 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 Apartment 6, Raine Gardens, Woodford Green, 23.2% of residents are recorded as possessing school level qualifications and 54.4% 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 Apartment 6, Raine Gardens, Woodford Green, the average age was 43.1 and the most common age was 57.
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 Apartment 6, Raine Gardens, Woodford Green, 1.2% 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 Apartment 6, Raine Gardens, 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.