2 Newlands Road

    2, NEWLANDS ROAD, WOODFORD GREEN, IG8 0RU

    This flat/maisonette leasehold property on Newlands Road last sold in August 2020 for £370,000. Based on price growth in the IG8 district since then, its estimated current value is £379,913 — placing it in the 64th percentile nationally and the 19th percentile within IG8. The property covers 63 m² (678 sq ft), giving an estimated value of £6,030 per m². The EPC rating is F, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £370,000

    Aug 2020

    Estimated Valuation

    £379,913

    Est. £/sq ft

    £560/sq ft

    £6,030/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area678 sq ft (63 m²)
    EPC dateAug 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    25 Aug 2020

    £370,000

    21 Dec 2015

    £310,000

    Key Metrics

    Estimated valuation£379,913
    Value per sq ft / m²£560/sq ft (£6,030/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile19th percentile
    National percentile64th 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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