5 Grovewood Place

    5, GROVEWOOD PLACE, WOODFORD GREEN, IG8 8PX

    This detached freehold property on Grovewood Place last sold in February 2018 for £635,000. Based on price growth in the IG8 district since then, its estimated current value is £818,090 — placing it in the 93rd percentile nationally and the 72nd percentile within IG8. The property covers 116 m² (1,249 sq ft), giving an estimated value of £7,053 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £635,000

    Feb 2018

    Estimated Valuation

    £818,090

    Est. £/sq ft

    £655/sq ft

    £7,053/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,249 sq ft (116 m²)
    EPC dateDec 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2018

    £635,000

    30 Jun 1995

    New build

    £142,995

    Key Metrics

    Estimated valuation£818,090
    Value per sq ft / m²£655/sq ft (£7,053/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile72nd percentile
    National percentile93rd 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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