62 Prospect Road, Woodford Green, IG8 7NA is a leasehold flat built between 1950-1966. The property offers approximately 592 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 £248,957 , which equates to approximately £420 per square foot. It was last sold on 31 Jul 2017 for £225,000. Since then, the value has increased by £23,957, representing a 10.6% increase, or approximately 1.3% per year.

The current estimated value of £248,957 is:

  • 52.1% lower than the average property price on Prospect Road
  • 45.2% lower than the average in the IG8 7NA postcode area
  • and 64.8% lower than the average price for Woodford Green as a whole

At the most recent EPC inspection on 25 May 2017, 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
592 sq ft
Tenure
Leasehold
Price (estimate)
£248,957
Price Per sq ft (estimate)
£420
Bedroom Count (estimate)
1 bedroom

EPC Summary

62 Prospect Road, Woodford Green, Redbridge, Greater London Authority, IG8 7NA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 May 2017.

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.

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 20% of fixed outlets
Poor

Compared to IG8 7NA

22 nd / 27
Price Rank
45% lower than average
12 th / 20
Size Rank
27% smaller than average
19 th / 20
Price Per Sq FT Rank
25% lower than average

Compared to other properties in IG8 7NA , this flat's estimated value ranks 22th out of 27. Based on price per square foot, it ranks 19th 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 12th out of 20 properties in its postcode area.

Sale History

Today
£248,957
streetscan.co.uk estimate
+11 %
31 Jul 2017
£225,000
Leasehold
+383.9 %
20 Jan 1995
£46,500
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: 560 sq ft
sale price: £185,000
sale date: 31 Oct 2014

Data Sources

The property at 62 Prospect Road, Woodford Green, IG8 7NA appears two times in the Land Registry records, with the latest transaction recorded on 31 Jul 2017. It also has a single Energy Performance Certificate (EPC) from 25 May 2017. 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.