According to the public record, 432, Manford Way, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,086 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Manford Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
432, Manford Way, Chigwell has 21 entries in the Land Registry database, most recently in November 2007 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 432 Manford Way Chigwell as £472,411 and the rental value as £2,441 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 432 Manford Way Chigwell has increased by £15,357 (3.3%) and its rental value has increased by £139 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 432, Manford Way, Chigwell is in very good condition we estimate a sale value of £496,031 and rental value of £2,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,342 and a rental value of £2,270 per month.
If you were able to purchase this property for the estimated value of £472,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,322 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, 432, Manford Way, Chigwell was last sold on 30 Nov 2007 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2007, the market for similar properties has risen 94.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 432, Manford Way, Chigwell within a radius of 650 metres over the last 2 years.
The most recent example is 294, Brocket Way, Chigwell, IG7 4LU, a Freehold house which sold for £450,000 in Sep 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manford Way, Chigwell, IG7 has a total of 468 addresses. According to our analysis of all the public data, 432, Manford Way, Chigwell is the 66th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in IG7.
The closest station to 432, Manford Way, Chigwell is Grange Hill station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 432, Manford Way, Chigwell, 35.1% of property is privately owned with a mortgage and 25.8% 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 432, Manford Way, Chigwell, 29.8% of residents are recorded as possessing school level qualifications and 29.0% 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 432, Manford Way, Chigwell, the average age was 35.7 and the most common age was 32.
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 432, Manford Way, Chigwell, 0.4% 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 432, Manford Way, Chigwell, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.