58 Prospect Road, Woodford Green, IG8 7NA is a leasehold flat built between 1950-1966. The property offers approximately 549 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 £272,866 , which equates to approximately £497 per square foot. It was last sold on 16 Apr 2003 for £127,500. Since then, the value has increased by £145,366, representing a 114.0% increase, or approximately 5.0% per year.

The current estimated value of £272,866 is:

  • 47.5% lower than the average property price on Prospect Road
  • 40.0% lower than the average in the IG8 7NA postcode area
  • and 61.4% lower than the average price for Woodford Green as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 September 2021, the property was recorded as rented.

View sold house prices in IG8 7NA

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
549 sq ft
Tenure
Leasehold
Price (estimate)
£272,866
Price Per sq ft (estimate)
£497
Bedroom Count (estimate)
1 bedroom

EPC Summary

58 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 Sep 2021.

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 29 Jul 2009. The rating of D is unchanged, though the energy efficiency score decreased by 4.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to IG8 7NA

21 st / 27
Price Rank
40% lower than average
18 th / 20
Size Rank
33% smaller than average
16 th / 20
Price Per Sq FT Rank
11% lower than average

Compared to other properties in IG8 7NA , this flat's estimated value ranks 21th out of 27. Based on price per square foot, it ranks 16th 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 18th out of 20 properties in its postcode area.

Sale History

Today
£272,866
streetscan.co.uk estimate
+114 %
16 Apr 2003
£127,500
Leasehold
+155 %
22 Nov 1996
£50,000
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: 3
size: 560 sq ft
sale price: £240,000
sale date: 10 Jun 2020
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

Data Sources

The property at 58 Prospect Road, Woodford Green, IG8 7NA appears two times in the Land Registry records, with the latest transaction recorded on 16 Apr 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 2021. 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.