According to the public record, 484, Limes Avenue, Chigwell is a mid-century leasehold apartment with 775 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.
484, Limes Avenue, Chigwell has 3 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated August 2014.
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 484 Limes Avenue Chigwell as £215,622 and the rental value as £1,253 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 484 Limes Avenue Chigwell has increased by £2,458 (1.1%) and its rental value has increased by £37 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 484, Limes Avenue, Chigwell is in very good condition we estimate a sale value of £226,403 and rental value of £1,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,528 and a rental value of £1,166 per month.
If you were able to purchase this property for the estimated value of £215,622, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,060 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, 484, Limes Avenue, Chigwell was last sold on 20 Feb 2019 for £195,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2019, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 484, Limes Avenue, Chigwell within a radius of 420 metres over the last 2 years.
The most recent example is 392, Limes Avenue, Chigwell, IG7 5ND, a Leasehold flat which sold for £200,000 in Mar 2024.
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, 484, Limes Avenue, Chigwell is the 261st largest and the 250th most expensive property on the street.
When compared to the postcode district it is £453k less expensive than the average property in IG7.
484, Limes Avenue, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 484, Limes Avenue, Chigwell is Hainault station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 484, Limes Avenue, Chigwell, 74.0% of property is socially rented and 11.8% 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 484, Limes Avenue, Chigwell, 24.1% of residents are recorded as possessing school level qualifications and 19.6% 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 484, 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 484, Limes Avenue, Chigwell, 0.0% 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 484, Limes Avenue, Chigwell, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.