What are the Most Popular Surveys in Redbridge?
Our unique data discovered that around 57% of our Redbridge users required a homebuyers survey for their house purchase, making it the most popular type of property survey in the area. The remaining percentage of movers arranged a more thorough type of survey, the building survey. This comprehensive survey is best suited to homes over 80-years old, in ‘poor condition’ or made of unusual materials.
Out of all the users who requested a homebuyers survey, over 24.5% were purchasing terrace houses. This isn’t surprising as many terrace homes in Redbridge are traditional Victorian houses, meaning their age would be slightly worrisome for some potential buyers. Terrace homeowners were also the most likely to require a building survey, with over 19% choosing this thorough type of survey. Again, this is likely due to the age of the buildings, resulting in the need for a more detailed inspection.
If you’re purchasing a flat, modern home or one in fairly ‘good’ condition, then a homebuyers report will suffice. However, if the building is over 80-years old, has been extensively renovated, is in ‘poor condition’ or is made of unusual materials, then it’s recommended you instead book a building survey to assess its structural safety. It’s also important to note that if you’re purchasing a new-build home, you will not require a property survey, but a snagging list.
What Types of Historical Architecture Does Redbridge Have?
With over 35 parks, playgrounds and open spaces, Redbridge is a great area for families with many property types to choose from. From post-war terrace houses to grand semi-detached properties with plenty of room to grow, there are many homes across the borough to suit a variety of tastes and personalities.
According to the property website, Rightmove, the highest number of property sales in Redbridge over the past year were for terrace houses with an average sold price of £508,827. Semi-detached homes were also popular amongst movers, with an average sold price of £579,973. It was also discovered that the most expensive area within the borough was Aldersbrook, whilst the cheapest area for property sales was Hainault.
There are around 16 conservation areas in Redbridge, all of which are supported by design guidance on how to improve your homes. This means if the property you’re purchasing is located within one of these areas, you may be restricted on what you can and can’t do in regards to renovating the home. Any work to be completed will require permission from the local authority to maintain the land which contains architectural or historic interest.
There are also approximately 139 listed buildings in the area which will require a special listed building survey should you decide to purchase one. These buildings or structures are also considered to have "special architectural or historic interest" meaning, again, you will be limited on what work can be done without permission.
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Is Subsidence an Issue in Redbridge?
Subsidence can occur when the ground beneath a property shrinks or collapses, resulting in an unbalanced foundation. This can not only affect a property’s structural safety but also its overall value making it fairly difficult to sell. According to Geobear’s Subsidence Map, Redbridge properties are at moderate risk of experiencing subsidence.
There are a variety of factors that could increase the risk of subsidence, including clay soil, a history of mining and landfill sites. However, many London boroughs will experience signs of subsidence due to their location and popularity. Areas like Redbridge are situated fairly close to Central London where there is a high risk. As there are large numbers of densely-packed buildings throughout the area, the ground weakens due to added weight and pressure, causing it to dry out and sink. This is why arranging a property survey is vital when purchasing a new home in London.
Do not underestimate the importance of organising a survey before your property purchase as it will highlight any defects or issues, such as existing signs of subsidence. The results of the report will be a great help when you begin negotiating the asking price and can help you determine whether the home is a worthy investment.
Is Japanese Knotweed a Concern in Redbridge?
Fallopia japonica, commonly known as Japanese Knotweed, is a destructive plant and dreaded term for many homeowners across the UK. Japanese Knotweed can grow up to 10-20cm per day and is capable of forcing its way through concrete, drains and a property’s foundation, causing severe damage and sometimes even subsidence.
According to Environet’s Japanese Knotweed Heatmap, Redbridge is within a Japanese Knotweed hotspot. In a single postcode area, there are over 106 reported occurrences of the dangerous plant. If you suspect the property you’re interested in contains a Japanese Knotweed infestation, it’s recommended you arrange a property survey to confirm its presence.
As the weed can cause major damage, its presence can often devalue a home and make it difficult for buyers to get a mortgage. Many lenders will reject an application should Japanese Knotweed be found.
Do not attempt to remove the plant yourself! This can cause further damage and so it’s essential you find a professional remover. The cost of this could be around £3,000, but you may end up paying a lot more in repair costs should you not seek appropriate help. You will then have to review the site of the infestation every 5 years to ensure it is dead and gone.