According to the public record, 12, Oak Lodge Avenue, Chigwell is a early-century freehold house with 1,377 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oak Lodge Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
12, Oak Lodge Avenue, Chigwell has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated June 2015.
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 12 Oak Lodge Avenue Chigwell as £905,073 and the rental value as £3,155 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 12 Oak Lodge Avenue Chigwell has increased by £13,015 (1.4%) and its rental value has increased by £118 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 12, Oak Lodge Avenue, Chigwell is in very good condition we estimate a sale value of £950,326 and rental value of £3,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £841,718 and a rental value of £2,934 per month.
If you were able to purchase this property for the estimated value of £905,073, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,448 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, 12, Oak Lodge Avenue, Chigwell sits on a plot of 406m2.
We have plot size data on 28 out of 36 other houses in the postcode and 12, Oak Lodge Avenue, Chigwell sits on the 27th largest plot.
According to HM Land Registry, 12, Oak Lodge Avenue, Chigwell was last sold on 07 Apr 2014 for £522,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 45.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Oak Lodge Avenue, Chigwell within a radius of 550 metres over the last 2 years.
The most recent example is 9, Oak Lodge Avenue, Chigwell, IG7 5JA, a Freehold house which sold for £900,000 in Oct 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Lodge Avenue, Chigwell, IG7 has a total of 73 addresses. According to our analysis of all the public data, 12, Oak Lodge Avenue, Chigwell is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £237k more expensive than the average property in IG7.
12, Oak Lodge Avenue, Chigwell has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Jun 2015.
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 12, Oak Lodge Avenue, Chigwell is Grange Hill station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Oak Lodge Avenue, Chigwell, 56.9% of property is privately owned outright and 34.9% 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 12, Oak Lodge Avenue, Chigwell, 16.7% of residents are recorded as possessing school level qualifications and 50.4% 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 12, Oak Lodge Avenue, 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 12, Oak Lodge Avenue, Chigwell, 1.4% 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 12, Oak Lodge Avenue, 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.