According to the public record, 5, Baywood Square, Chigwell is a mid-century freehold house with 850 ft2 of internal area and sits on a 144 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Baywood Square, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
5, Baywood Square, Chigwell has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated April 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 5 Baywood Square Chigwell as £396,998 and the rental value as £2,157 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 5 Baywood Square Chigwell has increased by £12,906 (3.3%) and its rental value has increased by £123 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 5, Baywood Square, Chigwell is in very good condition we estimate a sale value of £416,848 and rental value of £2,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,208 and a rental value of £2,006 per month.
If you were able to purchase this property for the estimated value of £396,998, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,951 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, 5, Baywood Square, Chigwell sits on a plot of 144m2.
We have plot size data on 19 out of 41 other houses in the postcode and 5, Baywood Square, Chigwell sits on the 11th largest plot.
According to HM Land Registry, 5, Baywood Square, Chigwell was last sold on 19 Mar 2014 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 56.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Baywood Square, Chigwell within a radius of 610 metres over the last 2 years.
The most recent example is 426, Manford Way, Chigwell, IG7 4AS, a Freehold house which sold for £405,000 in May 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Baywood Square, Chigwell, IG7 has a total of 83 addresses. According to our analysis of all the public data, 5, Baywood Square, Chigwell is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in IG7.
5, Baywood Square, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2014.
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 5, Baywood Square, 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 5, Baywood Square, Chigwell, 36.4% of property is socially rented and 28.0% is privately owned with a mortgage.
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 5, Baywood Square, Chigwell, 25.4% of residents are recorded as possessing school level qualifications and 36.2% 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 5, Baywood Square, 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 5, Baywood Square, Chigwell, 0.5% 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 5, Baywood Square, 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.