According to the public record, 16, Emmaus Way, Chigwell is a mid-century house with 1,550 ft2 of internal area and sits on a 431 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Emmaus Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
16, Emmaus Way, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated May 2016.
We combine this information with public data 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 16 Emmaus Way Chigwell as £821,567 and the rental value as £2,874 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 16 Emmaus Way Chigwell has increased by £14,728 (1.8%) and its rental value has increased by £91 per month (3.2%).
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 16, Emmaus Way, Chigwell is in very good condition we estimate a sale value of £862,645 and rental value of £3,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £764,057 and a rental value of £2,673 per month.
If you were able to purchase this property for the estimated value of £821,567, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,038 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, 16, Emmaus Way, Chigwell sits on a plot of 431m2.
We have plot size data on 20 out of 24 other houses in the postcode and 16, Emmaus Way, Chigwell sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Emmaus Way, Chigwell within a radius of 870 metres over the last 2 years.
The most recent example is 26, St. Marys Way, Chigwell, IG7 5BX, a Freehold house which sold for £715,000 in May 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Emmaus Way, Chigwell, IG7 has a total of 24 addresses. According to our analysis of all the public data, 16, Emmaus Way, Chigwell is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in IG7.
16, Emmaus Way, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 May 2016.
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 16, Emmaus Way, Chigwell is Chigwell station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Emmaus Way, Chigwell, 45.7% of property is privately owned outright and 45.0% 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 16, Emmaus Way, Chigwell, 15.6% of residents are recorded as possessing school level qualifications and 43.1% 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 16, Emmaus Way, Chigwell, the average age was 42.3 and the most common age was 57.
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 16, Emmaus Way, Chigwell, 0.6% 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 16, Emmaus Way, Chigwell, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.