According to the public record, 17, Emmaus Way, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,238 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Emmaus Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
17, Emmaus Way, Chigwell has 21 entries in the Land Registry database, most recently in October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Emmaus Way Chigwell as £716,178 and the rental value as £2,695 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 17 Emmaus Way Chigwell has increased by £12,838 (1.8%) and its rental value has increased by £85 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 17, Emmaus Way, Chigwell is in very good condition we estimate a sale value of £751,987 and rental value of £2,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £666,046 and a rental value of £2,506 per month.
If you were able to purchase this property for the estimated value of £716,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,520 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 HM Land Registry, 17, Emmaus Way, Chigwell was last sold on 02 Oct 2008 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2008, the market for similar properties has risen 105.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Emmaus Way, Chigwell within a radius of 870 metres over the last 2 years.
The most recent example is 4, St. Marys Way, Chigwell, IG7 5BX, a Freehold house which sold for £672,500 in Aug 2023.
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, 17, Emmaus Way, Chigwell is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in IG7.
The closest station to 17, 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 17, 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 17, 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 17, 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 17, 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 17, 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.