According to the public record, 265, Fencepiece Road, Chigwell is a early-century freehold house with 1,851 ft2 of internal area and sits on a 449 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fencepiece Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
265, Fencepiece Road, Chigwell has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 2020.
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 265 Fencepiece Road Chigwell as £787,343 and the rental value as £3,017 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 265 Fencepiece Road Chigwell has increased by £12,015 (1.5%) and its rental value has increased by £110 per month (3.7%).
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 265, Fencepiece Road, Chigwell is in very good condition we estimate a sale value of £826,710 and rental value of £3,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £732,229 and a rental value of £2,806 per month.
If you were able to purchase this property for the estimated value of £787,343, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,870 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, 265, Fencepiece Road, Chigwell sits on a plot of 449m2.
We have plot size data on 9 out of 13 other houses in the postcode and 265, Fencepiece Road, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 265, Fencepiece Road, Chigwell was last sold on 19 Mar 2021 for £707,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 265, Fencepiece Road, Chigwell within a radius of 580 metres over the last 2 years.
The most recent example is 8, North Dene, Chigwell, IG7 5JT, a Freehold house which sold for £400,000 in Oct 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fencepiece Road, Chigwell, IG7 has a total of 62 addresses. According to our analysis of all the public data, 265, Fencepiece Road, Chigwell is the 14th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in IG7.
265, Fencepiece Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2020.
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 265, Fencepiece Road, Chigwell is Grange Hill station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 265, Fencepiece Road, Chigwell, 47.3% of property is privately owned with a mortgage and 27.9% 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 265, Fencepiece Road, Chigwell, 22.8% 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 265, Fencepiece 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 265, Fencepiece Road, Chigwell, 1.0% 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 265, Fencepiece Road, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.