According to the public record, 21, Emmaus Way, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,564 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Emmaus Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
21, Emmaus Way, Chigwell has a single entry in the Land Registry database from August 2013 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 21 Emmaus Way Chigwell as £826,451 and the rental value as £2,881 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 21 Emmaus Way Chigwell has increased by £14,815 (1.8%) and its rental value has increased by £91 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 21, Emmaus Way, Chigwell is in very good condition we estimate a sale value of £867,773 and rental value of £3,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £768,599 and a rental value of £2,679 per month.
If you were able to purchase this property for the estimated value of £826,451, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,062 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, 21, Emmaus Way, Chigwell was last sold on 05 Aug 2013 for £499,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 58.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Emmaus Way, Chigwell within a radius of 870 metres over the last 2 years.
The most recent example is 26, St. Marys Way, Chigwell, IG7 5BX, a Freehold house which sold for £715,000 in May 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Emmaus Way, Chigwell, IG7 has a total of 24 addresses. According to our analysis of all the public data, 21, Emmaus Way, Chigwell is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in IG7.
The closest station to 21, Emmaus Way, Chigwell is Chigwell station which is 900 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 21, Emmaus Way, Chigwell, 45.7% of property is privately owned outright and 45.0% 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 21, Emmaus Way, Chigwell, 15.6% of residents are recorded as possessing school level qualifications and 43.1% 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 21, Emmaus Way, 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 21, Emmaus Way, 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 21, Emmaus Way, Chigwell, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.