According to the public record, 41, Oak Lodge Avenue, Chigwell is a early-century freehold house with 900 ft2 of internal area and sits on a 513 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Lodge Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
41, Oak Lodge Avenue, Chigwell has 2 entries in the Land Registry database, most recently in June 2011 and a single entry in the EPC database dated November 2008.
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 41 Oak Lodge Avenue Chigwell as £719,120 and the rental value as £2,737 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 41 Oak Lodge Avenue Chigwell has increased by £25,513 (3.5%) and its rental value has increased by £161 per month (5.9%).
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 41, Oak Lodge Avenue, Chigwell is in very good condition we estimate a sale value of £755,076 and rental value of £2,874 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £668,781 and a rental value of £2,545 per month.
If you were able to purchase this property for the estimated value of £719,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,534 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, 41, Oak Lodge Avenue, Chigwell sits on a plot of 513m2.
We have plot size data on 22 out of 35 other houses in the postcode and 41, Oak Lodge Avenue, Chigwell sits on the 9th largest plot.
According to HM Land Registry, 41, Oak Lodge Avenue, Chigwell was last sold on 10 Jun 2011 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2011, the market for similar properties has risen 86.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Oak Lodge Avenue, Chigwell within a radius of 500 metres over the last 2 years.
The most recent example is 33, Oak Lodge Avenue, Chigwell, IG7 5JA, a Freehold house which sold for £775,000 in Aug 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Lodge Avenue, Chigwell, IG7 has a total of 73 addresses. According to our analysis of all the public data, 41, Oak Lodge Avenue, Chigwell is the 68th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in IG7.
41, Oak Lodge Avenue, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 2008.
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 41, Oak Lodge Avenue, Chigwell is Grange Hill station which is 300 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 41, Oak Lodge Avenue, Chigwell, 48.7% of property is privately owned with a mortgage and 37.8% 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 41, Oak Lodge Avenue, Chigwell, 23.7% of residents are recorded as possessing school level qualifications and 45.8% 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 41, Oak Lodge 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 41, Oak Lodge 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 41, Oak Lodge Avenue, 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.