According to the public record, 1, New Barns Way, Chigwell is a mid-century house with 2,002 ft2 of internal area and sits on a 571 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
New Barns Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
1, New Barns Way, Chigwell has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 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 New Barns Way Chigwell as £1,111,286 and the rental value as £3,400 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 1 New Barns Way Chigwell has increased by £13,931 (1.3%) and its rental value has increased by £105 per month (3.1%).
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, New Barns Way, Chigwell is in very good condition we estimate a sale value of £1,166,850 and rental value of £3,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,033,496 and a rental value of £3,162 per month.
If you were able to purchase this property for the estimated value of £1,111,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,462 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, New Barns Way, Chigwell sits on a plot of 571m2.
We have plot size data on 5 out of 6 other houses in the postcode and 1, New Barns Way, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 1, New Barns Way, Chigwell was last sold on 23 Sep 1999 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, New Barns Way, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 30, Dickens Rise, Chigwell, IG7 6NY, a Freehold house which sold for £999,995 in Jun 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Barns Way, Chigwell, IG7 has a total of 6 addresses. According to our analysis of all the public data, 1, New Barns Way, Chigwell is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £443k more expensive than the average property in IG7.
1, New Barns Way, Chigwell has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 Mar 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, New Barns Way, Chigwell is Chigwell station which is 100 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, New Barns Way, Chigwell, 45.1% of property is privately owned outright and 28.4% is privately 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, New Barns Way, Chigwell, 15.3% of residents are recorded as possessing school level qualifications and 31.9% 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, New Barns Way, Chigwell, the average age was 42.3 and the most common age was 57.
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, New Barns Way, Chigwell, 3.1% 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, New Barns Way, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.