56a Prospect Road

    56A, PROSPECT ROAD, WOODFORD GREEN, IG8 7NA

    This flat/maisonette leasehold property on Prospect Road last sold in June 2024 for £310,000. Based on price growth in the IG8 district since then, its estimated current value is £283,545 — placing it in the 46th percentile nationally and the 9th percentile within IG8. The property covers 54 m² (581 sq ft), giving an estimated value of £5,251 per m². The EPC rating is C, with a potential rating of C.

    See wider trends for Prospect Road →

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £310,000

    Jun 2024

    Estimated Valuation

    £283,545

    Est. £/sq ft

    £488/sq ft

    £5,251/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jun 2024

    £310,000

    5 Jan 2022

    £257,500

    24 Oct 1997

    £56,000

    Key Metrics

    Estimated valuation£283,545
    Value per sq ft / m²£488/sq ft (£5,251/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile9th percentile
    National percentile46th percentile

    District Context — IG8

    See wider trends for 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

    £628,312

    92

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - IG8

    £55,092

    95

    National percentile

    2023 census data

    10-Year Annualised Price Growth - IG8

    2.4%

    27

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - IG

    3.9%

    50

    National percentile

    Estimate at 31 Jul 2026

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