According to the public record, 318, Limes Avenue, Chigwell is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Limes Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
318, Limes Avenue, Chigwell has 21 entries in the Land Registry database, most recently in February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 318 Limes Avenue Chigwell as £335,813 and the rental value as £1,699 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 318 Limes Avenue Chigwell has increased by £5,208 (1.6%) and its rental value has increased by £50 per month (3.0%).
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 318, Limes Avenue, Chigwell is in very good condition we estimate a sale value of £352,603 and rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,306 and a rental value of £1,580 per month.
If you were able to purchase this property for the estimated value of £335,813, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,650 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 HM Land Registry, 318, Limes Avenue, Chigwell was last sold on 09 Feb 2006 for £117,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 318, Limes Avenue, Chigwell within a radius of 400 metres over the last 2 years.
The most recent example is 26, Vincent Close, Ilford, IG6 2SZ, a Leasehold flat which sold for £310,000 in Nov 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Limes Avenue, Chigwell, IG7 has a total of 378 addresses. According to our analysis of all the public data, 318, Limes Avenue, Chigwell is the 332nd largest and the 171st most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in IG7.
The closest station to 318, Limes Avenue, Chigwell is Hainault station which is 500 metres 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 318, Limes Avenue, Chigwell, 44.3% of property is privately owned with a mortgage and 24.4% is privately 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 318, Limes Avenue, Chigwell, 25.8% of residents are recorded as possessing school level qualifications and 37.8% 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 318, Limes Avenue, 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 318, Limes Avenue, Chigwell, 0.7% 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 318, Limes Avenue, Chigwell, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.