According to the public record, 204, Manford Way, Chigwell is a mid-century freehold house with 882 ft2 of internal area and sits on a 305 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Manford Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
204, Manford Way, Chigwell has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated September 2019.
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 204 Manford Way Chigwell as £473,353 and the rental value as £2,434 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 204 Manford Way Chigwell has increased by £16,058 (3.4%) and its rental value has increased by £138 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 204, Manford Way, Chigwell is in very good condition we estimate a sale value of £497,021 and rental value of £2,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,219 and a rental value of £2,264 per month.
If you were able to purchase this property for the estimated value of £473,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,326 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, 204, Manford Way, Chigwell sits on a plot of 305m2.
We have plot size data on 12 out of 17 other houses in the postcode and 204, Manford Way, Chigwell sits on the 2nd largest plot.
According to HM Land Registry, 204, Manford Way, Chigwell was last sold on 12 Oct 2020 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 204, Manford Way, Chigwell within a radius of 510 metres over the last 2 years.
The most recent example is 21, Burslem Avenue, Ilford, IG6 3EH, a Freehold house which sold for £425,000 in Feb 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manford Way, Chigwell, IG7 has a total of 468 addresses. According to our analysis of all the public data, 204, Manford Way, Chigwell is the 172nd largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in IG7.
204, Manford Way, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Sep 2019.
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 204, Manford Way, Chigwell is Hainault station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 204, Manford Way, Chigwell, 50.3% of property is socially rented and 22.2% 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 204, Manford Way, Chigwell, 16.6% of residents are recorded as possessing school level qualifications and 25.4% 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 204, Manford Way, 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 204, Manford Way, 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 204, Manford Way, Chigwell, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.