56B Prospect Road, Woodford Green, IG8 7NA is a leasehold flat built between 1950-1966. The property offers approximately 560 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £275,535 , which equates to approximately £492 per square foot. It was last sold on 10 Jun 2020 for £240,000. Since then, the value has increased by £35,535, representing a 14.8% increase, or approximately 2.7% per year.

The current estimated value of £275,535 is:

  • 47.0% lower than the average property price on Prospect Road
  • 39.4% lower than the average in the IG8 7NA postcode area
  • and 61.0% lower than the average price for Woodford Green as a whole

At the most recent EPC inspection on 28 March 2025, the property was recorded as owner-occupied.

View sold house prices in IG8 7NA

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£275,535
Price Per sq ft (estimate)
£492
Bedroom Count (estimate)
1 bedroom

EPC Summary

56B Prospect Road, Woodford Green, Redbridge, Greater London, IG8 7NA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Mar 2025.

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 8 May 2014. The rating of D remains the same, but the energy efficiency score improved by 10.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG8 7NA

20 th / 27
Price Rank
39% lower than average
16 th / 20
Size Rank
31% smaller than average
15 th / 20
Price Per Sq FT Rank
12% lower than average

Compared to other properties in IG8 7NA , this flat's estimated value ranks 20th out of 27. Based on price per square foot, it ranks 15th out of 20 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 16th out of 20 properties in its postcode area.

Sale History

Today
£275,535
streetscan.co.uk estimate
+15 %
10 Jun 2020
£240,000
Leasehold
+42 %
14 Mar 2012
£169,000
Leasehold
+25.2 %
31 Mar 2005
£135,000
Leasehold
+110.9 %
31 Aug 1999
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 2
size: 543 sq ft
sale price: £235,000
sale date: 24 May 2019
rooms: 3
size: 592 sq ft
sale price: £225,000
sale date: 31 Jul 2017
rooms: 3
size: 560 sq ft
sale price: £185,000
sale date: 31 Oct 2014

Data Sources

The property at 56B Prospect Road, Woodford Green, IG8 7NA appears four times in the Land Registry records, with the latest transaction recorded on 10 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Mar 2025. 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.