According to the public record, Flat 1, 24B , The Broadway, Woodford Green is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 24B, The Broadway, Woodford Green, IG8.
The Broadway, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
Flat 1, 24B , The Broadway, Woodford Green has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 2015.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 24B The Broadway Woodford Green as £353,523 and the rental value as £1,780 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1 24B The Broadway Woodford Green has increased by £5,992 (1.7%) 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 Flat 1, 24B , The Broadway, Woodford Green is in very good condition we estimate a sale value of £371,199 and rental value of £1,869 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,776 and a rental value of £1,655 per month.
If you were able to purchase this property for the estimated value of £353,523, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,737 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, Flat 1, 24B , The Broadway, Woodford Green was last sold on 26 Mar 2021 for £300,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 24B , The Broadway, Woodford Green within a radius of 500 metres over the last 2 years.
The most recent example is Flat 4, Devereux Court 44-46, Snakes Lane West, Woodford Green, IG8 0DF, a Leasehold flat which sold for £350,000 in Mar 2024.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Broadway, Woodford Green, IG8 has a total of 62 addresses. According to our analysis of all the public data, Flat 1, 24B , The Broadway, Woodford Green is the 39th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £278k less expensive than the average property in IG8.
Flat 1, 24B , The Broadway, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2015.
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 Flat 1, 24B , The Broadway, Woodford Green is Woodford station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 24B , The Broadway, Woodford Green, 60.1% of property is privately rented and 21.2% 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 Flat 1, 24B , The Broadway, Woodford Green, 15.9% of residents are recorded as possessing school level qualifications and 53.5% 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 Flat 1, 24B , The Broadway, 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 Flat 1, 24B , The Broadway, Woodford Green, 0.9% 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 Flat 1, 24B , The Broadway, Woodford Green, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.