According to the public record, 48, Hainault Road, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 734 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Hainault Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
48, Hainault Road, Chigwell has a single entry in the Land Registry database from April 2022 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 48 Hainault Road Chigwell as £513,088 and the rental value as £2,284 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 48 Hainault Road Chigwell has increased by £12,322 (2.4%) and its rental value has increased by £97 per month (4.2%).
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 48, Hainault Road, Chigwell is in very good condition we estimate a sale value of £538,742 and rental value of £2,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,172 and a rental value of £2,124 per month.
If you were able to purchase this property for the estimated value of £513,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,522 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, 48, Hainault Road, Chigwell was last sold on 25 Apr 2022 for £427,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Hainault Road, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2, The Chase, Chigwell, IG7 5EY, a Freehold house which sold for £415,000 in Jun 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hainault Road, Chigwell, IG7 has a total of 122 addresses. According to our analysis of all the public data, 48, Hainault Road, Chigwell is the 118th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in IG7.
The closest station to 48, Hainault Road, Chigwell is Chigwell station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Hainault Road, Chigwell, 45.1% of property is privately owned outright and 28.4% 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 48, Hainault Road, Chigwell, 15.3% of residents are recorded as possessing school level qualifications and 31.9% 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 48, Hainault Road, Chigwell, the average age was 42.3 and the most common age was 57.
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 48, Hainault Road, Chigwell, 3.1% 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 48, Hainault Road, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.