According to the public record, 14, The Acorns, Chigwell is a mid-century freehold house with 882 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Acorns, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
14, The Acorns, Chigwell has 2 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated October 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 14 The Acorns Chigwell as £585,841 and the rental value as £2,545 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 14 The Acorns Chigwell has increased by £20,770 (3.5%) and its rental value has increased by £149 per month (5.9%).
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 14, The Acorns, Chigwell is in very good condition we estimate a sale value of £615,133 and rental value of £2,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,832 and a rental value of £2,367 per month.
If you were able to purchase this property for the estimated value of £585,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,879 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, 14, The Acorns, Chigwell sits on a plot of 272m2.
We have plot size data on 9 out of 14 other houses in the postcode and 14, The Acorns, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 14, The Acorns, Chigwell was last sold on 15 Jan 2021 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, The Acorns, Chigwell within a radius of 620 metres over the last 2 years.
The most recent example is 12, The Acorns, Chigwell, IG7 6NQ, a Freehold house which sold for £490,001 in Mar 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Acorns, Chigwell, IG7 has a total of 14 addresses. According to our analysis of all the public data, 14, The Acorns, Chigwell is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in IG7.
14, The Acorns, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 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 14, The Acorns, 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 14, The Acorns, Chigwell, 38.5% of property is privately owned with a mortgage and 24.6% 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 14, The Acorns, Chigwell, 19.7% of residents are recorded as possessing school level qualifications and 36.0% 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 14, The Acorns, 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 14, The Acorns, 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 14, The Acorns, 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.