According to the public record, 2, Hursley Road, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 509 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Hursley Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
2, Hursley Road, Chigwell has a single entry in the Land Registry database from July 2010 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 2 Hursley Road Chigwell as £190,507 and the rental value as £1,062 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 2 Hursley Road Chigwell has increased by £6,463 (3.4%) and its rental value has increased by £60 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 2, Hursley Road, Chigwell is in very good condition we estimate a sale value of £200,032 and rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,171 and a rental value of £987 per month.
If you were able to purchase this property for the estimated value of £190,507, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £936 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, 2, Hursley Road, Chigwell was last sold on 22 Jul 2010 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2010, the market for similar properties has risen 86.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hursley Road, Chigwell within a radius of 430 metres over the last 2 years.
The most recent example is 1, Hursley Road, Chigwell, IG7 4BF, a Freehold house which sold for £170,000 in Jul 2010.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hursley Road, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 2, Hursley Road, Chigwell is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £478k less expensive than the average property in IG7.
The closest station to 2, Hursley Road, Chigwell is Hainault station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Hursley Road, Chigwell, 46.7% of property is socially rented and 19.3% 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 2, Hursley Road, Chigwell, 23.3% of residents are recorded as possessing school level qualifications and 28.9% 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, Hursley 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 2, Hursley 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 2, Hursley Road, Chigwell, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.