According to the public record, 5, Tine Road, Chigwell is a mid-century freehold house with 688 ft2 of internal area and sits on a 301 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tine Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
5, Tine Road, Chigwell has 2 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated March 2017.
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 Tine Road Chigwell as £387,325 and the rental value as £2,144 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Tine Road Chigwell has increased by £13,732 (3.5%) and its rental value has increased by £126 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 5, Tine Road, Chigwell is in very good condition we estimate a sale value of £406,691 and rental value of £2,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,212 and a rental value of £1,994 per month.
If you were able to purchase this property for the estimated value of £387,325, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,904 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, Tine Road, Chigwell sits on a plot of 301m2.
We have plot size data on 8 out of 19 other houses in the postcode and 5, Tine Road, Chigwell sits on the largest plot.
According to HM Land Registry, 5, Tine Road, Chigwell was last sold on 31 Aug 2017 for £330,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2017, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Tine Road, Chigwell within a radius of 500 metres over the last 2 years.
The most recent example is 45, Tine Road, Chigwell, IG7 4HW, a Freehold house which sold for £427,000 in Mar 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tine Road, Chigwell, IG7 has a total of 85 addresses. According to our analysis of all the public data, 5, Tine Road, Chigwell is the 82nd largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £281k less expensive than the average property in IG7.
5, Tine Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2017.
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, Tine Road, Chigwell is Grange Hill station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Tine Road, Chigwell, 38.5% of property is privately owned with a mortgage and 24.6% 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 5, Tine Road, Chigwell, 19.7% of residents are recorded as possessing school level qualifications and 36.0% 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 5, Tine Road, Chigwell, the average age was 36.6 and the most common age was 37.
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, Tine Road, Chigwell, 0.0% 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, Tine Road, Chigwell, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.