According to the public record, 20, Larchwood House 39, Chigwell is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Larchwood House, Baywood Square, Chigwell, IG7.
Baywood Square, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
20, Larchwood House 39, Chigwell has 21 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated July 2014.
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 20 Larchwood House 39 Chigwell as £175,431 and the rental value as £1,082 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 20 Larchwood House 39 Chigwell has increased by £1,427 (0.8%) and its rental value has increased by £35 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 20, Larchwood House 39, Chigwell is in very good condition we estimate a sale value of £184,202 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,150 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £175,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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, 20, Larchwood House 39, Chigwell was last sold on 21 Sep 2016 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2016, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Larchwood House 39, Chigwell within a radius of 590 metres over the last 2 years.
The most recent example is 5, Larchwood House 39, Baywood Square, Chigwell, IG7 4AY, a Leasehold flat which sold for £151,000 in Mar 2016.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Baywood Square, Chigwell, IG7 has a total of 83 addresses. According to our analysis of all the public data, 20, Larchwood House 39, Chigwell is the 56th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £493k less expensive than the average property in IG7.
20, Larchwood House 39, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 20, Larchwood House 39, Chigwell is Grange Hill station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Larchwood House 39, Chigwell, 36.4% of property is socially rented and 28.0% 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 20, Larchwood House 39, Chigwell, 25.4% of residents are recorded as possessing school level qualifications and 36.2% 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 20, Larchwood House 39, 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 20, Larchwood House 39, Chigwell, 0.5% 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 20, Larchwood House 39, 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.