According to the public record, 1, Great Oaks, Chigwell is a mid-century freehold house with 1,905 ft2 of internal area and sits on a 440 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Great Oaks, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
1, Great Oaks, Chigwell has 31 entries in the Land Registry database, most recently in October 2010 and a single entry in the EPC database dated June 2013.
We combine this information with that 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 Great Oaks Chigwell as £1,067,505 and the rental value as £3,264 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 1 Great Oaks Chigwell has increased by £16,291 (1.5%) and its rental value has increased by £119 per month (3.7%).
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, Great Oaks, Chigwell is in very good condition we estimate a sale value of £1,120,880 and rental value of £3,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £992,779 and a rental value of £3,036 per month.
If you were able to purchase this property for the estimated value of £1,067,505, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,246 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, Great Oaks, Chigwell sits on a plot of 440m2.
We have plot size data on 9 out of 13 other houses in the postcode and 1, Great Oaks, Chigwell sits on the 5th largest plot.
According to HM Land Registry, 1, Great Oaks, Chigwell was last sold on 14 Oct 2010 for £578,750 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2010, the market for similar properties has risen 71.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Great Oaks, Chigwell within a radius of 760 metres over the last 2 years.
The most recent example is 42, Lechmere Avenue, Chigwell, IG7 5ET, a Freehold house which sold for £815,000 in Oct 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Oaks, Chigwell, IG7 has a total of 13 addresses. According to our analysis of all the public data, 1, Great Oaks, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £399k more expensive than the average property in IG7.
1, Great Oaks, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2013.
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, Great Oaks, Chigwell is Grange Hill station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Great Oaks, Chigwell, 49.2% of property is privately owned outright and 45.2% is privately owned with a mortgage.
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, Great Oaks, Chigwell, 19.0% of residents are recorded as possessing school level qualifications and 42.5% 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, Great Oaks, 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, Great Oaks, Chigwell, 3.5% 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, Great Oaks, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.