According to the public record, 21, Tomswood Road, Chigwell is a mid-century freehold house with 1,431 ft2 of internal area and sits on a 823 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Tomswood Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
21, Tomswood Road, Chigwell has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated March 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 21 Tomswood Road Chigwell as £1,079,138 and the rental value as £3,715 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 21 Tomswood Road Chigwell has increased by £18,578 (1.7%) and its rental value has increased by £116 per month (3.1%).
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, Tomswood Road, Chigwell is in very good condition we estimate a sale value of £1,133,095 and rental value of £3,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,003,598 and a rental value of £3,455 per month.
If you were able to purchase this property for the estimated value of £1,079,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,304 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, 21, Tomswood Road, Chigwell sits on a plot of 823m2.
We have plot size data on 8 out of 11 other houses in the postcode and 21, Tomswood Road, Chigwell sits on the 6th largest plot.
According to HM Land Registry, 21, Tomswood Road, Chigwell was last sold on 04 Jun 2020 for £1,026,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Tomswood Road, Chigwell within a radius of 780 metres over the last 2 years.
The most recent example is 37, Tomswood Road, Chigwell, IG7 5QR, a Freehold house which sold for £935,000 in Jan 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tomswood Road, Chigwell, IG7 has a total of 60 addresses. According to our analysis of all the public data, 21, Tomswood Road, Chigwell is the 55th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £411k more expensive than the average property in IG7.
21, Tomswood Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 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 21, Tomswood Road, Chigwell is Chigwell station which is 1.3 kilometres 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, Tomswood Road, Chigwell, 45.1% of property is privately owned with a mortgage and 44.3% is privately owned outright.
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, Tomswood Road, Chigwell, 24.1% of residents are recorded as possessing school level qualifications and 42.9% 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 21, Tomswood Road, Chigwell, the average age was 38.7 and the most common age was 32.
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, Tomswood Road, Chigwell, 0.9% 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, Tomswood Road, Chigwell, there are an average of 2.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.