South Woodford

The Economic Center in London

Area Guide For South Woodford

South Woodford is a suburban area located 9 miles away from Charing Cross. South Woodford along with Woodford Green, Woodford Bridge and Woodford Wells makes up Woodford; an area which a part of Essex back in the late 19th Century. Recently Woodford itself has developed a lot and that has helped the overall economy in London. The recreational works include transportation facilities, resedential buildings and economic centres.

 
 

Tags

Landmarks
Transport
Road
Train
Bus
Education

Overview

  • The Neighbors

    The area consists of small but well-built two to three bedroom houses.

  • Ideal for

    Young families and students.

  • Deal Sealer

    Transportation facilities.

  • Not for

    Retirees.

  • You will Like

    Roads and transportation facilities.

South Woodford Map

Estimated Price: £510,672
Average Asking Price: £570,118
Price change in last one year: £60,476
Average Price Paid: £344,732
Average Rent Rates: £1,371

 
 

Property Prices Breakdown in South Woodford

Average Price for property in South Woodford is around £510,672 which varies based on type of property you are interested in and ranges from £1,081,490 for detached house to around £713,434 for semi-detached. Similarly terraced house is around £544,303 and a flat is worth £337,068. Values have been changing and have risen £7,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,430 in last 6 months, £60,476 in last 1 year, £105,805 in last 2 years, £114,340 in last 3 years, £117,614 in last 4 years and £126,860 in last 5 years.

Currently average asking price of a property in South Woodford is around £570,118 based on approximately 358 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £1,371 per month.

Estimated property value in South Woodford is £510,672. Average asking price is £570,118 while average price paid is £373,625 which is up by £60,476 and Avg. asking rent £1,371.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 South Woodford area. In last 1 year alone average price buyer paid is around £373,625 based on approximately 358 sales in South Woodford area alone. If you compare it to last 3 years sales of 949 properties where buyers paid around £354,645. 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 £344,732 for 1,579 and average amount paid for purchase of approx. 2,208 properties sold in last 7 years comes to about £333,151 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 £580,000, £533,749 for a 3 bedroom house, £701,842 for a 4 bedroom house and £994,500 for a 5 bedroom house. For a flat similarly the prices varies from £238,569 for a single bedroom to £338,862 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £424,000. To sum up the asking prices for properties in South Woodford it comes to around average £238,569 for 1 bedroom property, £358,957 for 2 bedroom, £507,619 for 3 bedroom, £701,842 for 4 bedroom and £994,500 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 £1,564 for 2 bedroom to £1,599 for 3 bedroom, £2,076 for 4 bedroom and £2,600 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £980. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,311 and £1,674 for 3 bedroom. You should be generally be expecting around average £980 rent per month for single bedroom property, £1,351 for 2 bedroom, £1,659 for 3 bedroom, £2,076 for 4 bedroom and approximately £2,600 for a 5 bedroom property in South Woodford 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

- Good Transportation Facilities
- Good schools and colleges
- Well-built Houses

 Best For

- Young Families
- Students
- Commuters

Transportation in South Woodford

Browse by Streets in South Woodford