According to the public record, 23, St. Marys Way, Chigwell is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
St. Marys Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
23, St. Marys Way, Chigwell has 21 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated May 2016.
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 23 St. Marys Way Chigwell as £733,122 and the rental value as £2,766 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 23 St. Marys Way Chigwell has increased by £13,142 (1.8%) and its rental value has increased by £87 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 23, St. Marys Way, Chigwell is in very good condition we estimate a sale value of £769,778 and rental value of £2,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £681,803 and a rental value of £2,572 per month.
If you were able to purchase this property for the estimated value of £733,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,603 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, 23, St. Marys Way, Chigwell sits on a plot of 283m2.
We have plot size data on 40 out of 58 other houses in the postcode and 23, St. Marys Way, Chigwell sits on the 29th largest plot.
According to HM Land Registry, 23, St. Marys Way, Chigwell was last sold on 09 May 2022 for £750,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, St. Marys Way, Chigwell within a radius of 860 metres over the last 2 years.
The most recent example is 4, St. Marys Way, Chigwell, IG7 5BX, a Freehold house which sold for £672,500 in Aug 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Way, Chigwell, IG7 has a total of 58 addresses. According to our analysis of all the public data, 23, St. Marys Way, Chigwell is the 36th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in IG7.
23, St. Marys Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2016.
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 23, St. Marys Way, Chigwell is Chigwell station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, St. Marys 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 23, St. Marys 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 23, St. Marys 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 23, St. Marys 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 23, St. Marys 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.