1 Wells Gate Close

    1, WELLS GATE CLOSE, WOODFORD GREEN, IG8 0FD

    This detached freehold property on Wells Gate Close last sold in February 2023 for £1,500,000. Based on price growth in the IG8 district since then, its estimated current value is £1,433,829 — placing it in the 98th percentile nationally and the 95th percentile within IG8. The property covers 271 m² (2,917 sq ft), giving an estimated value of £5,291 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,917 sq ft

    271 m²

    Last Sale Price

    £1,500,000

    Feb 2023

    Estimated Valuation

    £1,433,829

    Est. £/sq ft

    £492/sq ft

    £5,291/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,917 sq ft (271 m²)
    EPC dateMay 2012
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    20 Feb 2023

    £1,500,000

    15 Feb 2013

    New build

    £1,000,000

    Key Metrics

    Estimated valuation£1,433,829
    Value per sq ft / m²£492/sq ft (£5,291/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile95th percentile
    National percentile98th percentile

    District Context — IG8

    IG8 covers parts of Essex in the outer London commuter belt, including areas around Loughton and Theydon Bois. It is a suburban, family-oriented location with good transport links and relatively affluent demographics.

    Average Property Price - IG8

    £664,738

    92

    National percentile

    Average Net Household Income - IG8

    £55,092

    95

    National percentile

    10-Year Annualised Price Growth - IG8

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG8

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