227 Prospect Road

    227, PROSPECT ROAD, WOODFORD GREEN, IG8 7NF

    This terraced freehold property on Prospect Road last sold in September 2021 for £497,000. Based on price growth in the IG8 district since then, its estimated current value is £563,702 — placing it in the 84th percentile nationally and the 40th percentile within IG8. The property covers 91 m² (980 sq ft), giving an estimated value of £6,195 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £497,000

    Sept 2021

    Estimated Valuation

    £563,702

    Est. £/sq ft

    £576/sq ft

    £6,195/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateFeb 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Sept 2021

    £497,000

    25 Nov 2016

    £495,000

    Key Metrics

    Estimated valuation£563,702
    Value per sq ft / m²£576/sq ft (£6,195/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile40th percentile
    National percentile84th 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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