According to the public record, Flat 7, The Manor, Woodford Green is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in The Manor, Regents Drive, Woodford Green, IG8.
Regents Drive, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
Flat 7, The Manor, Woodford Green has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated September 2017.
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 Flat 7 The Manor Woodford Green as £563,717 and the rental value as £2,296 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 7 The Manor Woodford Green has increased by £3,297 (0.6%) and its rental value has increased by £31 per month (1.3%).
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 7, The Manor, Woodford Green is in very good condition we estimate a sale value of £591,902 and rental value of £2,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,256 and a rental value of £2,135 per month.
If you were able to purchase this property for the estimated value of £563,717, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,770 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 7, The Manor, Woodford Green was last sold on 04 Sep 2018 for £600,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, The Manor, Woodford Green within a radius of 730 metres over the last 2 years.
The most recent example is Flat 11, Osborne House, Hampstead Avenue, Woodford Green, IG8 8RE, a Leasehold flat which sold for £500,000 in Sep 2021.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Regents Drive, Woodford Green, IG8 has a total of 69 addresses. According to our analysis of all the public data, Flat 7, The Manor, Woodford Green is the 64th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in IG8.
Flat 7, The Manor, Woodford Green has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 7, The Manor, Woodford Green is Fairlop station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, The Manor, Woodford Green, 32.6% of property is privately owned with a mortgage and 29.8% 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 Flat 7, The Manor, Woodford Green, 20.1% of residents are recorded as possessing school level qualifications and 35.9% 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 Flat 7, The Manor, Woodford Green, the average age was 37.1 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 Flat 7, The Manor, Woodford Green, 2.8% 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 7, The Manor, Woodford Green, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.