According to the public record, 2, Station Road, Chigwell is a modern freehold house with 1,140 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Station Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2, Station Road, Chigwell has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated December 2016.
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 2 Station Road Chigwell as £640,621 and the rental value as £2,710 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Station Road Chigwell has increased by £15,384 (2.4%) and its rental value has increased by £115 per month (4.2%).
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 2, Station Road, Chigwell is in very good condition we estimate a sale value of £672,652 and rental value of £2,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £595,778 and a rental value of £2,520 per month.
If you were able to purchase this property for the estimated value of £640,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,148 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, 2, Station Road, Chigwell sits on a plot of 127m2.
We have plot size data on 10 out of 13 other houses in the postcode and 2, Station Road, Chigwell sits on the 8th largest plot.
According to HM Land Registry, 2, Station Road, Chigwell was last sold on 08 Sep 2023 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Station Road, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Station Road, Chigwell, IG7 6QT, a Freehold house which sold for £625,000 in Jul 2018.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Chigwell, IG7 has a total of 13 addresses. According to our analysis of all the public data, 2, Station Road, Chigwell is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in IG7.
2, Station Road, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2016.
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, Station Road, Chigwell is Chigwell station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Station Road, Chigwell, 45.1% of property is privately owned outright and 28.4% is privately 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 2, Station Road, Chigwell, 15.3% of residents are recorded as possessing school level qualifications and 31.9% 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, Station Road, 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 2, Station Road, Chigwell, 3.1% 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, Station Road, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.