According to the public record, 10, New Forest Lane, Chigwell is a early-century freehold house with 1,792 ft2 of internal area and sits on a 943 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New Forest Lane, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
10, New Forest Lane, Chigwell has 21 entries in the Land Registry database, most recently in March 2009 and a single entry in the EPC database dated December 2008.
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 10 New Forest Lane Chigwell as £1,374,076 and the rental value as £4,327 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 10 New Forest Lane Chigwell has increased by £23,655 (1.7%) and its rental value has increased by £136 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 10, New Forest Lane, Chigwell is in very good condition we estimate a sale value of £1,442,780 and rental value of £4,543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,277,891 and a rental value of £4,024 per month.
If you were able to purchase this property for the estimated value of £1,374,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,753 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, 10, New Forest Lane, Chigwell sits on a plot of 943m2.
We have plot size data on 10 out of 18 other houses in the postcode and 10, New Forest Lane, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 10, New Forest Lane, Chigwell was last sold on 27 Mar 2009 for £875,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2009, the market for similar properties has risen 108.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, New Forest Lane, Chigwell within a radius of 760 metres over the last 2 years.
The most recent example is 15A, Stradbroke Drive, Chigwell, IG7 5QU, a Freehold house which sold for £1,699,999 in Aug 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Forest Lane, Chigwell, IG7 has a total of 18 addresses. According to our analysis of all the public data, 10, New Forest Lane, Chigwell is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £706k more expensive than the average property in IG7.
10, New Forest Lane, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Dec 2008.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 10, New Forest Lane, Chigwell is Chigwell station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, New Forest Lane, Chigwell, 45.1% of property is privately owned with a mortgage and 44.3% 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 10, New Forest Lane, Chigwell, 24.1% of residents are recorded as possessing school level qualifications and 42.9% 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 10, New Forest Lane, 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 10, New Forest Lane, Chigwell, 0.9% 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 10, New Forest Lane, Chigwell, there are an average of 2.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.