Monkhams Drive, Woodford Green, IG8
AB

Monkhams Drive, Woodford Green, IG8

By Abode

£ 2,000,000

Reviews

4 out of 5 stars

Abode says ..

Abode are delighted to offer to the market this spectacular five bedroom, three bathroom Edwardian family home. Situated on the Monkhams Estate this property holds on to much of it's original charm.

Property Oracle says ..

Monkhams Drive is located in Woodford Green, a highly sought-after area in the London Borough of Redbridge. The property benefits from being within easy reach of several highly-rated schools, including Wells Primary School (Ofsted rating: Outstanding) and Woodbridge High School (Ofsted rating: Good), both less than a kilometer away. The proximity to good schools significantly enhances the property’s desirability and value. Several London Overground stations are also within a reasonable commuting distance, providing convenient access to central London and other parts of the city. The area itself is known for its leafy streets, offering a tranquil residential environment.

The property itself appears to be in excellent condition. The images showcase a recently renovated or well-maintained interior with modern fixtures and fittings. The kitchen and bathrooms are contemporary in style and appear to be of high quality. There is no visible evidence of wear and tear or the need for significant repairs or renovations. The property also retains many of its original features, which adds to its character and appeal.

The property includes a sizeable garden, as evidenced by the provided images. The garden is well-maintained and offers a private outdoor space, a rare and valuable commodity in such a desirable location. The size of the plot adds to the overall appeal and value of the property.

Considering the property’s location in Woodford Green, its excellent condition, the substantial garden, and its size (5,491.95 sqft), the list price of £2,000,000 appears to be in line with, or potentially slightly above, the average price per square foot for the area (£649). However, the unique features of this property, including its size, condition, and garden, may justify a premium price compared to average values. Nearby comparable properties on Monkhams Drive also support this price point, although a direct comparison is difficult due to the lack of square footage data for those properties. Further market analysis would be needed to definitively assess the price’s reasonableness.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
8
Bedrooms
5
Bathrooms
3
Sqft (est)
5,491.95
Lot (est)
3,233.00

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
960,000.00 £
Increased by 4.36 %
from 919,894.00 £
Est sale value
3,163,363.20 £
Decreased by 2.37 %
from 3,240,250.50 £
Average area rental value
1,533.00 £/mo
Decreased by 30.63 %
from 2,210.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 5,491.95 £/mo
Est rental Yield
1.92 %
Decreased by 33.33 %
from 2.88 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Abode created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodford Green Preparatory SchoolOther Independent School0.78 KM
Avon House SchoolOther Independent School0.90 KM
Wells Primary SchoolCommunity SchoolOutstanding0.94 KM
Woodbridge High SchoolCommunity SchoolGood0.97 KM
Orchard And Ray Lodge Children'S CentreChildren's Centre1.12 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hutton Close £ 000.00 KM
Tudor Close £ 1,258,33300.00 KM
Nursery Close £ 000.00 KM
Scoter Close £ 000.00 KM
Belmont Close £ 1,566,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Highams Park6919HIP3.57 KM
Chingford6914CHI3.58 KM
Wood Street6954WST4.59 KM
Leytonstone High Road7403LER5.75 KM
Leyton Midland Road7402LEM6.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monkhams Drive, Woodford Green, IG8 £ 2,000,000BUY8 / 100.00 KM
Monkhams Drive, Woodford Green £ 2,000,000BUY8 / 100.01 KM
Monkhams Avenue, Woodford Green, IG8 £ 1,000,000BUY6 / 100.07 KM
Broad Oak, Woodford Green £ 900,000BUY6 / 100.19 KM
Monkhams Avenue, Woodford Green £ 1,200,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
83 Monkhams Drive £ 1,450,0000.07 KM
39 Monkhams Drive £ 650,0000.08 KM
17 Monkhams Drive £ 1,170,0000.08 KM
19 Monkhams Drive £ 945,0000.08 KM
13 Monkhams Drive £ 1,295,0000.08 KM