According to the public record, 1, Greenwood Road, Chigwell is a mid-century freehold house with 874 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Greenwood Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
1, Greenwood Road, Chigwell has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated February 2009.
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 Greenwood Road Chigwell as £398,146 and the rental value as £2,152 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 1 Greenwood Road Chigwell has increased by £12,943 (3.3%) and its rental value has increased by £122 per month (5.7%).
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, Greenwood Road, Chigwell is in very good condition we estimate a sale value of £418,053 and rental value of £2,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,276 and a rental value of £2,002 per month.
If you were able to purchase this property for the estimated value of £398,146, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,957 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, Greenwood Road, Chigwell sits on a plot of 231m2.
We have plot size data on 8 out of 18 other houses in the postcode and 1, Greenwood Road, Chigwell sits on the 6th largest plot.
According to HM Land Registry, 1, Greenwood Road, Chigwell was last sold on 15 Dec 2009 for £201,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 90.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Greenwood Road, Chigwell within a radius of 600 metres over the last 2 years.
The most recent example is 234, Burrow Road, Chigwell, IG7 4NQ, a Freehold house which sold for £405,000 in May 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenwood Road, Chigwell, IG7 has a total of 18 addresses. According to our analysis of all the public data, 1, Greenwood Road, Chigwell is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £270k less expensive than the average property in IG7.
1, Greenwood Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2009.
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, Greenwood Road, Chigwell is Grange Hill station which is 1.7 kilometres 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, Greenwood Road, Chigwell, 45.3% of property is privately owned with a mortgage and 22.6% is privately owned outright.
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, Greenwood Road, Chigwell, 23.5% of residents are recorded as possessing school level qualifications and 35.3% 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, Greenwood Road, Chigwell, the average age was 35.7 and the most common age was 32.
The graph below shows how this compares to Greater London 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, Greenwood Road, Chigwell, 0.2% of property was a second home.
Comparison figures for Greater London 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, Greenwood Road, Chigwell, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.