According to the public record, 4, Elmswood, Chigwell is a mid-century freehold house with 710 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elmswood, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
4, Elmswood, Chigwell has a single entry in the Land Registry database from February 2011 and a single entry in the EPC database dated March 2024.
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 4 Elmswood Chigwell as £442,524 and the rental value as £2,298 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 4 Elmswood Chigwell has increased by £15,864 (3.6%) and its rental value has increased by £125 per month (5.4%).
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 4, Elmswood, Chigwell is in very good condition we estimate a sale value of £464,651 and rental value of £2,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,548 and a rental value of £2,137 per month.
If you were able to purchase this property for the estimated value of £442,524, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,175 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, 4, Elmswood, Chigwell sits on a plot of 213m2.
We have plot size data on 5 out of 6 other houses in the postcode and 4, Elmswood, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 4, Elmswood, Chigwell was last sold on 28 Feb 2011 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 94.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Elmswood, Chigwell within a radius of 420 metres over the last 2 years.
The most recent example is 39, Thurlow Gardens, Ilford, IG6 2UU, a Freehold house which sold for £492,000 in Mar 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmswood, Chigwell, IG7 has a total of 6 addresses. According to our analysis of all the public data, 4, Elmswood, Chigwell is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in IG7.
4, Elmswood, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2024.
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 4, Elmswood, Chigwell is Hainault station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Elmswood, Chigwell, 27.9% of property is privately owned outright and 27.9% 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 4, Elmswood, Chigwell, 19.5% of residents are recorded as possessing school level qualifications and 32.4% 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 4, Elmswood, 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 4, Elmswood, Chigwell, 1.6% 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 4, Elmswood, Chigwell, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.