5 Oak Wood Close, Woodford Green, IG8 8EQ is a leasehold flat built between 1950-1966. The property offers approximately 517 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 £336,848 , which equates to approximately £652 per square foot. It was last sold on 17 Jun 2013 for £198,500. Since then, the value has increased by £138,348, representing a 69.7% increase, or approximately 5.6% per year.

The current estimated value of £336,848 is:

  • 4.5% higher than the average property price on Oakwood Close
  • 8.0% higher than the average in the IG8 8EQ postcode area
  • and 52.3% lower than the average price for Woodford Green as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 24 June 2024, the property was recorded as rented.

View sold house prices in IG8 8EQ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£336,848
Price Per sq ft (estimate)
£652
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Oak Wood Close, Woodford Green, Redbridge, Greater London, IG8 8EQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jun 2024.

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 11 May 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.3%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 64% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG8 8EQ

6 th / 15
Price Rank
8% higher than average
2 nd / 9
Size Rank
1% smaller than average
4 th / 9
Price Per Sq FT Rank
9% higher than average

Compared to other properties in IG8 8EQ , this flat's estimated value ranks 6th out of 15. Based on price per square foot, it ranks 4th out of 9 properties. In terms of size, this home ranks 2nd out of 9 properties in its postcode area.

Sale History

Today
£336,848
streetscan.co.uk estimate
+70 %
17 Jun 2013
£198,500
Leasehold
+4.5 %
23 Apr 2008
£190,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 507 sq ft
sale price: £250,000
sale date: 18 Aug 2014
rooms: 3
size: 517 sq ft
sale price: £195,000
sale date: 8 Jun 2012
rooms: 3
size: 495 sq ft
sale price: £180,000
sale date: 13 Nov 2006
rooms: 3
size: 506 sq ft
sale price: £152,500
sale date: 28 Oct 2004
rooms: 3
size: 506 sq ft
sale price: £95,300
sale date: 12 May 2004

Data Sources

The property at 5 Oak Wood Close, Woodford Green, IG8 8EQ appears two times in the Land Registry records, with the latest transaction recorded on 17 Jun 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 2024. 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.