2, Ridgeway
2, Ridgeway
Description & Estimates
2, Ridgeway, Woodford Green appears in the public record as a freehold house sitting on a 377 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,825 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Ridgeway, Woodford Green is £842,877 and its rental estimate is £2,862 per month, given the available information and assuming reasonable condition.
Ridgeway, Woodford Green, IG8 falls within the IG8 postal district, in the borough of Redbridge.
Our Data Sources
2, Ridgeway, Woodford Green has a single entry in the Land Registry from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Ridgeway, Woodford Green, we estimate a market value of £885,021 and a rental value of £3,006 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £783,876 and £2,662 per month respectively.
Recent Market Change
Over the last year, 2, Ridgeway, Woodford Green has seen its estimated sale value decrease by £7,890 (0.9%) and its estimated rental value grow by £95 per month (3.3%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 2, Ridgeway, Woodford Green as measuring 377 m2.
That makes it the 5th largest plot in the postcode, where 19 of the 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Ridgeway, Woodford Green completed on 27th August 2008 at £499,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 115.5% over the period since August 2008.
- Sold Aug 2008£499,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Ridgeway, Woodford Green have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 28, Hawthorn Road, Buckhurst Hill, IG9 6JF, a freehold house which sold for £890,000.
Read more about house prices in IG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Ridgeway, Woodford Green, IG8, 2, Ridgeway, Woodford Green comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £202k more expensive than the average property across the IG8 district.
More reading links
Schools Nearby
- 800mRay Lodge Primary School
- 1.0kmWells Primary School
- 1.2kmSt Antony's Catholic Primary School
- 1.5kmTrinity Catholic High School
- 1.5kmWest Hatch High School
- 1.6kmWoodbridge High School
More reading links
Public Transport Nearby
From 2, Ridgeway, Woodford Green, the nearest station is Roding Valley, 400 metres away.
- 400mRoding Valley
- 900mWoodford
- 1.5kmBuckhurst Hill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
