According to the public record, 1, Elmswood, Chigwell is a modern house with 1,011 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elmswood, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
1, Elmswood, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Elmswood Chigwell as £516,126 and the rental value as £2,525 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Elmswood Chigwell has increased by £18,503 (3.6%) and its rental value has increased by £138 per month (5.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Elmswood, Chigwell is in very good condition we estimate a sale value of £541,932 and rental value of £2,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,997 and a rental value of £2,348 per month.
If you were able to purchase this property for the estimated value of £516,126, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,537 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Elmswood, Chigwell sits on a plot of 230m2.
We have plot size data on 5 out of 6 other houses in the postcode and 1, Elmswood, Chigwell sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Elmswood, Chigwell within a radius of 410 metres over the last 2 years.
The most recent example is 80, Bernards Close, Ilford, IG6 2SR, a Freehold house which sold for £507,000 in Jul 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmswood, Chigwell, IG7 has a total of 6 addresses. According to our analysis of all the public data, 1, Elmswood, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in IG7.
1, Elmswood, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Elmswood, Chigwell is Hainault station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Elmswood, Chigwell, 27.9% of property is privately owned outright and 27.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Elmswood, Chigwell, 19.5% of residents are recorded as possessing school level qualifications and 32.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Elmswood, Chigwell, the average age was 38.7 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Elmswood, Chigwell, 1.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Elmswood, Chigwell, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.