According to the public record, 22, Emmaus Way, Chigwell is a mid-century freehold house with 1,130 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Emmaus Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
22, Emmaus Way, Chigwell has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated June 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 22 Emmaus Way Chigwell as £687,095 and the rental value as £2,602 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 22 Emmaus Way Chigwell has increased by £19,303 (2.8%) and its rental value has increased by £109 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 22, Emmaus Way, Chigwell is in very good condition we estimate a sale value of £721,449 and rental value of £2,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £638,998 and a rental value of £2,420 per month.
If you were able to purchase this property for the estimated value of £687,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,377 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, 22, Emmaus Way, Chigwell sits on a plot of 376m2.
We have plot size data on 20 out of 24 other houses in the postcode and 22, Emmaus Way, Chigwell sits on the 9th largest plot.
According to HM Land Registry, 22, Emmaus Way, Chigwell was last sold on 08 Jan 2021 for £705,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Emmaus Way, Chigwell within a radius of 870 metres over the last 2 years.
The most recent example is 1, St. Marys Way, Chigwell, IG7 5BX, a Freehold house which sold for £700,000 in Jul 2022.
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, 22, Emmaus Way, Chigwell is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in IG7.
22, Emmaus Way, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jun 2014.
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 22, Emmaus Way, Chigwell is Chigwell station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, 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 22, 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 22, 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 22, 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 22, 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.