198 Prospect Road, Woodford Green, IG8 7NG is a leasehold flat built between 1900-1929. The property offers approximately 538 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £261,099 , which equates to approximately £485 per square foot. It was last sold on 9 May 2008 for £165,000. Since then, the value has increased by £96,099, representing a 58.2% increase, or approximately 3.3% per year.

The current estimated value of £261,099 is:

  • 49.8% lower than the average property price on Prospect Road
  • 52.3% lower than the average in the IG8 7NG postcode area
  • and 63.1% lower than the average price for Woodford Green as a whole

View sold house prices in IG8 7NG

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
538 sq ft
Tenure
Leasehold
Price (estimate)
£261,099
Price Per sq ft (estimate)
£485
Bedroom Count (estimate)
1 bedroom

EPC Summary

198 Prospect Road, Woodford Green, Redbridge, Greater London Authority, IG8 7NG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Jun 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Jun 2010, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 60.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to IG8 7NG

16 th / 16
Price Rank
52% lower than average
13 th / 14
Size Rank
36% smaller than average
13 th / 14
Price Per Sq FT Rank
25% lower than average

Compared to other properties in IG8 7NG , this house's estimated value ranks 16th out of 16. Based on price per square foot, it ranks 13th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 14 properties in its postcode area.

Sale History

Today
£261,099
streetscan.co.uk estimate
+58 %
9 May 2008
£165,000
Leasehold
+15.4 %
18 Jun 2004
£143,000
Leasehold
+27.7 %
18 Jan 2002
£112,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £170,000
sale date: 24 Feb 2022
rooms: 3
size: 581 sq ft
sale price: £310,000
sale date: 20 Jun 2024
rooms: 2
size: 581 sq ft
sale price: £300,000
sale date: 14 Jun 2024
rooms: 3
size: 560 sq ft
sale price: £240,000
sale date: 10 Jun 2020
rooms: 3
size: 517 sq ft
sale price: £290,000
sale date: 17 Jan 2020

Data Sources

The property at 198 Prospect Road, Woodford Green, IG8 7NG appears three times in the Land Registry records, with the latest transaction recorded on 9 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jun 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.