According to the public record, 2, Ash Road, Chigwell is a modern house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ash Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2, Ash Road, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated October 2014.
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 2 Ash Road Chigwell as £527,952 and the rental value as £2,496 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 Ash Road Chigwell has increased by £18,730 (3.5%) and its rental value has increased by £147 per month (5.9%).
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 2, Ash Road, Chigwell is in very good condition we estimate a sale value of £554,349 and rental value of £2,621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,995 and a rental value of £2,321 per month.
If you were able to purchase this property for the estimated value of £527,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,595 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ash Road, Chigwell within a radius of 720 metres over the last 2 years.
The most recent example is 3, Ash Road, Chigwell, IG7 4GH, a Freehold house which sold for £491,000 in Jan 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ash Road, Chigwell, IG7 has a total of 20 addresses. According to our analysis of all the public data, 2, Ash Road, Chigwell is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in IG7.
2, Ash Road, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Ash Road, Chigwell is Grange Hill station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Ash Road, Chigwell, 44.5% of property is privately owned with a mortgage and 43.1% 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 2, Ash Road, Chigwell, 16.7% of residents are recorded as possessing school level qualifications and 33.6% 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 2, Ash 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 2, Ash Road, 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 2, Ash Road, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.