According to the public record, 14, Tomswood Road, Chigwell is a mid-century freehold house with 6,899 ft2 of internal area and sits on a 1,669 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Tomswood Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
14, Tomswood Road, Chigwell has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated April 2019.
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 Tomswood Road Chigwell as £2,769,871 and the rental value as £8,017 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 14 Tomswood Road Chigwell has increased by £41,040 (1.5%) and its rental value has increased by £232 per month (2.9%).
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, Tomswood Road, Chigwell is in very good condition we estimate a sale value of £2,908,365 and rental value of £8,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,575,980 and a rental value of £7,456 per month.
If you were able to purchase this property for the estimated value of £2,769,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,613 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, Tomswood Road, Chigwell sits on a plot of 1669m2.
We have plot size data on 9 out of 17 other houses in the postcode and 14, Tomswood Road, Chigwell sits on the largest plot.
According to HM Land Registry, 14, Tomswood Road, Chigwell was last sold on 30 Oct 2015 for £1,500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 28.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 14, Tomswood Road, Chigwell within a radius of 730 metres over the last 2 years.
The most recent example is 66, Manor Road, Chigwell, IG7 5PG, a Freehold house which sold for £2,830,000 in Oct 2017.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tomswood Road, Chigwell, IG7 has a total of 60 addresses. According to our analysis of all the public data, 14, Tomswood Road, Chigwell is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £2.101m more expensive than the average property in IG7.
14, Tomswood Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2019.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 14, Tomswood Road, Chigwell is Chigwell station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Tomswood Road, 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 14, Tomswood Road, 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 14, Tomswood Road, 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 14, Tomswood Road, 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 14, Tomswood Road, 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.