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Woodford House Prices

The average house price in Woodford is £505,686 using HM Land Registry data.

The average property price increased by £122,231 (22.3%) over the last 5 years and increased by £24,435 (3.78%) over the last 12 months.

Over the last year, there were 324 residential property sales – a decrease of 180 transactions (-55.56%) relative to the previous year. The majority of house sales (94) were in the £310,000 - £484,000 range. Then came properties in the £484,000 - £658,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,519 (-1%).

In Oct 24, there were 78 new estate agency instructions, 70 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in Woodford

22.3%

Property prices in Woodford increased by 22.3% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Woodford Over the Last Year

3.78%

Property prices in Woodford increased by 3.78% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Woodford - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Woodford

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Woodford

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Woodford

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Woodford since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Woodford area since 1995.

Recent Property Sales in Woodford

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
29 Brackley Square, Woodford Green, Greater London, IG8 7LJ	£750,000	£740,000	-£10,000	15 Mar 2024	05 Aug 2024	143 Days
16 Newlands Road, Woodford Green, Greater London, IG8 0RU	£1,000,000	£975,000	-£25,000	03 Nov 2023	01 Aug 2024	272 Days
30 Canfield Road, Woodford Green, Greater London, IG8 8JQ	£529,950	£515,000	-£14,950	04 Mar 2024	26 Jul 2024	144 Days
5 Durham Avenue, Woodford Green, Greater London, IG8 7NH	£565,000	£555,000	-£10,000	27 Mar 2024	24 Jul 2024	119 Days
263 Buckhurst Way, Buckhurst Hill, Greater London, IG9 6JB	£650,000	£637,000	-£13,000	30 Jan 2024	14 Jun 2024	136 Days
9 St Albans Crescent, Woodford Green, Greater London, IG8 9EH	£1,000,000	£985,000	-£15,000	30 Jan 2024	12 Jun 2024	134 Days
21 Glengall Road, Woodford Green, Greater London, IG8 0DN	£375,000	£375,000	£00	31 Jan 2024	05 Jun 2024	126 Days
10 Chapel Mews, Woodford Green, Greater London, IG8 8GP	£1,000,000	£990,000	-£10,000	02 Jan 2024	31 May 2024	150 Days
36 Buckingham Road, South Woodford, London, Greater London, E18 2NJ	£725,000	£709,685	-£15,315	31 Jan 2024	29 May 2024	119 Days
9 Savill Row, Woodford Green, Greater London, IG8 0UH	£325,000	£322,500	-£2,500	05 Mar 2024	24 May 2024	80 Days
40 Gaynes Hill Road, Woodford Green, Greater London, IG8 8HX	£625,000	£605,000	-£20,000	10 Jan 2024	23 May 2024	134 Days
51 Uplands Road, Woodford Green, Greater London, IG8 8JR	£525,000	£522,500	-£2,500	12 Jan 2024	16 May 2024	125 Days
3 Hatchwood Close, Woodford Green, Greater London, IG8 0SX	£850,000	£820,000	-£30,000	13 Dec 2023	10 May 2024	149 Days
32 Parkland Road, Woodford Green, Greater London, IG8 9AP	£725,000	£725,000	£00	08 Sep 2023	10 May 2024	245 Days
19 Tamar Square, Woodford Green, Greater London, IG8 0EA	£330,000	£313,000	-£17,000	18 Jan 2023	16 Apr 2024	454 Days
38 Greenstead Gardens, Woodford Green, Greater London, IG8 7EX	£850,000	£830,000	-£20,000	28 Sep 2023	11 Apr 2024	196 Days
88 West Grove, Woodford Green, Greater London, IG8 7NP	£485,000	£485,000	£00	23 Jan 2024	09 Apr 2024	77 Days
104 Carnarvon Road, London, Greater London, E18 2NU	£849,995	£815,000	-£34,995	26 Oct 2023	27 Mar 2024	153 Days
13 Parkmore Close, Woodford Green, Greater London, IG8 0SJ	£450,000	£450,000	£00	19 Oct 2023	20 Mar 2024	153 Days
3 Forest Approach, Woodford Green, Greater London, IG8 9BW	£925,000	£918,075	-£6,925	01 Aug 2023	11 Mar 2024	223 Days

Most Expensive Streets in Woodford

Postcode	Street	Area	Average	No. of Sales
IG8 8GN	Clarence Gate	Woodford Green	£1,873,000	5
IG8 0EY	Monkhams Avenue	Woodford Green	£1,856,250	4
IG8 0LQ	Monkhams Drive	Woodford Green	£1,825,000	3
IG8 0BH	Mellish Gardens	Woodford Green	£1,616,666	3
IG8 8RZ	Regents Drive	Woodford Green	£1,557,500	4
IG8 0JH	Beresford Drive	Woodford Green	£1,548,666	3
IG8 0QG	Woodland Way	Woodford Green	£1,471,250	4
IG8 0LL	Princes Avenue	Woodford Green	£1,453,750	4
IG8 0ER	Monkhams Avenue	Woodford Green	£1,400,166	3
IG8 0NS	Monkhams Lane	Woodford Green	£1,380,000	3

Least Expensive Streets in Woodford

Postcode	Street	Area	Average	No. of Sales
IG8 9JU	New Jubilee Court	Woodford Green	£188,636	11
IG8 0EB	Tamar Square	Woodford Green	£203,000	4
E18 2GF	Blackberry Court	Queen Mary Avenue	£231,820	5
E18 1DP	Lynwood Close	London	£268,787	8
E18 2QD	Woodford New Road	London	£272,250	4
IG8 8PH	Chalford Walk	Woodford Green	£275,571	7
E18 2PD	High Road	South Woodford	£275,707	7
E18 1DQ	Fosters Close	London	£281,166	3
E18 2QY	Lyndhurst Court	Churchfields	£284,083	6
IG8 8EH	Copford Close	Woodford Green	£285,000	3