According to the public record, 188, Burrow Road, Chigwell is a mid-century freehold house with 1,334 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Burrow Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
188, Burrow Road, Chigwell has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated February 2023.
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 188 Burrow Road Chigwell as £553,450 and the rental value as £2,753 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 188 Burrow Road Chigwell has increased by £18,382 (3.3%) and its rental value has increased by £158 per month (5.7%).
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 188, Burrow Road, Chigwell is in very good condition we estimate a sale value of £581,123 and rental value of £2,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,709 and a rental value of £2,560 per month.
If you were able to purchase this property for the estimated value of £553,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,720 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, 188, Burrow Road, Chigwell sits on a plot of 262m2.
We have plot size data on 21 out of 33 other houses in the postcode and 188, Burrow Road, Chigwell sits on the 9th largest plot.
According to HM Land Registry, 188, Burrow Road, Chigwell was last sold on 17 Dec 2021 for £347,490 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 188, Burrow Road, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 121A, Burrow Road, Chigwell, IG7 4NF, a Freehold house which sold for £551,200 in Jul 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burrow Road, Chigwell, IG7 has a total of 218 addresses. According to our analysis of all the public data, 188, Burrow Road, Chigwell is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in IG7.
188, Burrow Road, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2023.
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 188, Burrow Road, Chigwell is Grange Hill station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 188, Burrow Road, Chigwell, 40.6% of property is privately owned with a mortgage and 29.0% 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 188, Burrow Road, Chigwell, 27.2% of residents are recorded as possessing school level qualifications and 34.8% 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 188, Burrow Road, Chigwell, the average age was 35.7 and the most common age was 32.
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 188, Burrow Road, 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 188, Burrow Road, Chigwell, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.