According to the public record, 29, Burrow Road, Chigwell is a mid-century freehold house with 742 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burrow Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
29, Burrow Road, Chigwell has 4 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated May 2021.
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 29 Burrow Road Chigwell as £368,470 and the rental value as £2,047 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 29 Burrow Road Chigwell has increased by £12,571 (3.4%) and its rental value has increased by £117 per month (5.7%).
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 29, Burrow Road, Chigwell is in very good condition we estimate a sale value of £386,893 and rental value of £2,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,677 and a rental value of £1,903 per month.
If you were able to purchase this property for the estimated value of £368,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,811 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, 29, Burrow Road, Chigwell sits on a plot of 142m2.
We have plot size data on 18 out of 38 other houses in the postcode and 29, Burrow Road, Chigwell sits on the 16th largest plot.
According to HM Land Registry, 29, Burrow Road, Chigwell was last sold on 21 Dec 2021 for £365,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2021, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Burrow Road, Chigwell within a radius of 500 metres over the last 2 years.
The most recent example is 51, Burrow Road, Chigwell, IG7 4HB, a Freehold house which sold for £350,000 in Oct 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burrow Road, Chigwell, IG7 has a total of 218 addresses. According to our analysis of all the public data, 29, Burrow Road, Chigwell is the 165th largest and the 178th most expensive property on the street.
When compared to the postcode district it is £300k less expensive than the average property in IG7.
29, Burrow Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2021.
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 29, Burrow Road, Chigwell is Grange Hill station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Burrow Road, Chigwell, 33.3% of property is privately owned with a mortgage and 29.3% is socially rented.
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 29, Burrow Road, Chigwell, 21.3% of residents are recorded as possessing school level qualifications and 33.7% 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 29, Burrow Road, Chigwell, the average age was 36.6 and the most common age was 37.
The graph below shows how this compares to Greater London 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 29, Burrow Road, Chigwell, 0.0% of property was a second home.
Comparison figures for Greater London 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 29, Burrow Road, Chigwell, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.