245 Prospect Road

    245, PROSPECT ROAD, WOODFORD GREEN, IG8 7NG

    This semi-detached freehold property on Prospect Road last sold in September 2018 for £605,000. Based on price growth in the IG8 district since then, its estimated current value is £708,340 — placing it in the 90th percentile nationally and the 61st percentile within IG8. The property covers 165 m² (1,776 sq ft), giving an estimated value of £4,293 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,776 sq ft

    165 m²

    Last Sale Price

    £605,000

    Sept 2018

    Estimated Valuation

    £708,340

    Est. £/sq ft

    £399/sq ft

    £4,293/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,776 sq ft (165 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2018

    £605,000

    18 May 2012

    £385,000

    2 Aug 2010

    £250,000

    Key Metrics

    Estimated valuation£708,340
    Value per sq ft / m²£399/sq ft (£4,293/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile61st percentile
    National percentile90th 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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