According to the public record, 151, Trotwood, Chigwell is a mid-century freehold house with 850 ft2 of internal area and sits on a 271 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Trotwood, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
151, Trotwood, Chigwell has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated August 2022.
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 151 Trotwood Chigwell as £518,481 and the rental value as £2,522 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 151 Trotwood Chigwell has increased by £18,587 (3.6%) and its rental value has increased by £137 per month (5.4%).
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 151, Trotwood, Chigwell is in very good condition we estimate a sale value of £544,405 and rental value of £2,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,187 and a rental value of £2,345 per month.
If you were able to purchase this property for the estimated value of £518,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,548 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, 151, Trotwood, Chigwell sits on a plot of 271m2.
We have plot size data on 27 out of 43 other houses in the postcode and 151, Trotwood, Chigwell sits on the 5th largest plot.
According to HM Land Registry, 151, Trotwood, Chigwell was last sold on 20 Jan 2023 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 151, Trotwood, Chigwell within a radius of 420 metres over the last 2 years.
The most recent example is 47, High Meadows, Chigwell, IG7 5JY, a Freehold house which sold for £507,000 in Nov 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trotwood, Chigwell, IG7 has a total of 172 addresses. According to our analysis of all the public data, 151, Trotwood, Chigwell is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in IG7.
151, Trotwood, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2022.
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 151, Trotwood, Chigwell is Hainault station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 151, Trotwood, Chigwell, 27.9% of property is privately owned outright and 27.9% 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 151, Trotwood, Chigwell, 19.5% of residents are recorded as possessing school level qualifications and 32.4% 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 151, Trotwood, 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 151, Trotwood, Chigwell, 1.6% 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 151, Trotwood, Chigwell, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.