According to the public record, 120, Arrowsmith Road, Chigwell is a mid-century freehold house with 764 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Arrowsmith Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
120, Arrowsmith Road, Chigwell has 31 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated May 2020.
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 120 Arrowsmith Road Chigwell as £390,265 and the rental value as £2,158 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 120 Arrowsmith Road Chigwell has increased by £13,315 (3.4%) and its rental value has increased by £124 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 120, Arrowsmith Road, Chigwell is in very good condition we estimate a sale value of £409,779 and rental value of £2,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,947 and a rental value of £2,007 per month.
If you were able to purchase this property for the estimated value of £390,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,918 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, 120, Arrowsmith Road, Chigwell sits on a plot of 184m2.
We have plot size data on 12 out of 17 other houses in the postcode and 120, Arrowsmith Road, Chigwell sits on the 6th largest plot.
According to HM Land Registry, 120, Arrowsmith Road, Chigwell was last sold on 28 Jan 2021 for £355,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2021, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Arrowsmith Road, Chigwell within a radius of 450 metres over the last 2 years.
The most recent example is 124, Arrowsmith Road, Chigwell, IG7 4PF, a Freehold house which sold for £400,000 in May 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arrowsmith Road, Chigwell, IG7 has a total of 150 addresses. According to our analysis of all the public data, 120, Arrowsmith Road, Chigwell is the 114th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £278k less expensive than the average property in IG7.
120, Arrowsmith Road, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2020.
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 120, Arrowsmith Road, Chigwell is Grange Hill station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 120, Arrowsmith Road, Chigwell, 33.3% of property is privately owned with a mortgage and 29.3% is socially 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 120, Arrowsmith Road, Chigwell, 21.3% of residents are recorded as possessing school level qualifications and 33.7% 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 120, Arrowsmith Road, Chigwell, the average age was 36.6 and the most common age was 37.
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 120, Arrowsmith Road, Chigwell, 0.0% 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 120, Arrowsmith Road, Chigwell, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.