Prospect Road, Woodford Green, IG8
MA

Prospect Road, Woodford Green, IG8

By Madison Fox

£ 230,000

Reviews

3 out of 5 stars

Madison Fox says ..

Madison Fox Woodford Green is excited to offer a fantastic chance to buy a spacious one-bedroom apartment on the first floor. It's ideal for first-time buyers or as a rental investment, featuring a long lease of about 120 years and being super close to Woodford Central Line Station along with ple...

Property Oracle says ..

This one bedroom apartment is located on Prospect Road in Woodford Green, IG8 7NE. The property is conveniently located near several schools, including Ray Lodge Primary School (Outstanding Ofsted rating) and Woodbridge High School (Good Ofsted rating), both within a reasonable distance. Public transportation links are also within reach, with several London Overground stations within a 6km radius. The apartment itself appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. The property benefits from a small balcony offering some outdoor space. While the plot size is relatively small, it is typical for an apartment in this area. Compared to the average price per square foot in the area (£391), the listed price of £230,000 for this 410 sqft apartment seems reasonable, especially considering its modern condition and convenient location. However, it is worth noting that nearby properties have a significantly higher average price, suggesting that this apartment might be undervalued.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
410.00
Lot (est)
530.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
320,968.00 £
Decreased by 12.07 %
from 365,009.00 £
Est sale value
144,730.00 £
Decreased by 10.63 %
from 161,950.00 £
Average area rental value
1,437.00 £/mo
Decreased by 3.56 %
from 1,490.00 £/mo
Est letting value
410.00 £/mo
Unchanged by 0.00 %
from 410.00 £/mo
Est rental Yield
5.37 %
Increased by 9.59 %
from 4.90 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Madison Fox created the listing.

Nearby Schools

NameTypeOfstedDistance
Ray Lodge Primary SchoolAcademy ConverterOutstanding0.57 KM
Orchard And Ray Lodge Children'S CentreChildren's Centre0.93 KM
Woodbridge High SchoolCommunity SchoolGood1.20 KM
Wells Primary SchoolCommunity SchoolOutstanding1.53 KM
Woodford Green Preparatory SchoolOther Independent School1.60 KM

Images

Picture No. 57 Picture No. 65 Picture No. 58 Picture No. 67 Picture No. 68 Picture No. 73 Picture No. 71 Picture No. 63 Picture No. 64 Picture No. 61 Picture No. 62 Picture No. 59 Picture No. 60 Picture No. 70 Picture No. 72

Nearby Streets

NameAverage PriceAverage SqftDistance
Fairway £ 440,00000.00 KM
Elliot Close £ 000.00 KM
Station Way £ 330,00000.00 KM
Tudor Close £ 1,258,33300.00 KM
Hutton Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chingford6914CHI4.17 KM
Highams Park6919HIP4.39 KM
Wood Street6954WST5.30 KM
Leytonstone High Road7403LER6.19 KM
Manor Park6883MNP6.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Prospect Road, Woodford Green, IG8 £ 230,000BUY6 / 100.00 KM
Abberton,, Prospect Road, Woodford Green, IG8 £ 200,000BUYUnknown0.01 KM
Prospect Road, Woodford Green £ 350,000BUY6 / 100.03 KM
Prospect Road, Woodford Green £ 650,000BUY7 / 100.05 KM
Prospect Road, Woodford Green, IG8 7 £ 270,000BUY3 / 100.07 KM

Nearby Properties

AddressPriceDistance
11 Spencer Close £ 317,5000.07 KM
8 Spencer Close £ 355,0000.07 KM
9 Spencer Close £ 315,0000.07 KM
10 Spencer Close £ 585,0000.07 KM
1 Spencer Close £ 259,9600.07 KM