Woodford Green

A Leafy Suburb with Scenic Settings

Area Guide For Woodford Green

Lying on the border of Epping Forest, Woodford Green offers its resident natural scenic beauty. This residential suburb is characterized by its large Edwardian houses, which are ideal for families. There are plenty of quality schools in this area and an excellent transportation system.

 
 

Tags

Schools
Park
shops
restaurants
parks
leisure facilities

Overview

  • The Neighbors

    Woodford Green has a number of large detached and semi-detached family houses, which are attractively detailed. Most of these houses have Edwardian Architecture along with the prolific Twenties houses.

  • Ideal for

    Families, Young Professionals, Commuters, Retirees.

  • Deal Sealer

    Schools, Transportation.

  • Not for

    People who don't want to spend a lot on living.

  • You will Like

    Sports facilities, Shopping, Pubs and Restaurants.

Woodford Green Map

Estimated Price: £483,752
Average Asking Price: £575,914
Price change in last one year: £35,948
Average Price Paid: £389,399
Average Rent Rates: £1,583

 
 

Property Prices Breakdown in Woodford Green

Average Price for property in Woodford Green is around £483,752 which varies based on type of property you are interested in and ranges from £892,201 for detached house to around £526,757 for semi-detached. Similarly terraced house is around £411,921 and a flat is worth £307,075. Values have been changing and have risen £5,418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,118 in last 6 months, £35,948 in last 1 year, £67,905 in last 2 years, £65,475 in last 3 years, £84,866 in last 4 years and £77,954 in last 5 years.

Currently average asking price of a property in Woodford Green is around £575,914 based on approximately 519 properties for sale. Same is the case with rental options based on 95 properties up for rent, average asking rent is around £1,583 per month.

Estimated property value in Woodford Green is £483,752. Average asking price is £575,914 while average price paid is £425,049 which is up by £35,948 and Avg. asking rent £1,583.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Woodford Green area. In last 1 year alone average price buyer paid is around £425,049 based on approximately 519 sales in Woodford Green area alone. If you compare it to last 3 years sales of 1,514 properties where buyers paid around £397,886. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £389,399 for 2,404 and average amount paid for purchase of approx. 3,159 properties sold in last 7 years comes to about £377,947 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £361,249, £472,927 for a 3 bedroom house, £710,406 for a 4 bedroom house and £1,006,800 for a 5 bedroom house. For a flat similarly the prices varies from £189,317 for a single bedroom to £476,345 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £569,090 and £489,975 for a 4 bedroom flat. To sum up the asking prices for properties in Woodford Green it comes to around average £189,317 for 1 bedroom property, £449,264 for 2 bedroom, £495,922 for 3 bedroom, £701,762 for 4 bedroom and £1,006,800 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £652 for 1 bedroom to £1,489 for 2 bedrooms, £1,622 for 3 bedrooms, £2,109 for 4 bedrooms and £2,081 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £982. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,504 and £1,826 for 3 bedroom. You should be generally be expecting around average £922 rent per month for single bedroom property, £1,501 for 2 bedroom, £1,700 for 3 bedroom, £2,109 for 4 bedroom and approximately £2,081 for a 5 bedroom property in Woodford Green area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sum it all up

 The Good

- Very good transport links
- Sports Facilities
- Pubs and Restaurants
- Shopping and Entertainment Facilities

 

 Best For

- Families
- Professionals
- Commuters
- Sportsperson

 The Bad

- Expensive

Transportation in Woodford Green

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