According to the public record, 51, Oak Lodge Avenue, Chigwell is a early-century freehold house with 1,001 ft2 of internal area and sits on a 522 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Lodge Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
51, Oak Lodge Avenue, Chigwell has 2 entries in the Land Registry database, most recently in August 2011 and a single entry in the EPC database dated May 2013.
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 51 Oak Lodge Avenue Chigwell as £761,594 and the rental value as £2,838 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 51 Oak Lodge Avenue Chigwell has increased by £27,020 (3.5%) and its rental value has increased by £167 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 51, Oak Lodge Avenue, Chigwell is in very good condition we estimate a sale value of £799,674 and rental value of £2,979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £708,283 and a rental value of £2,639 per month.
If you were able to purchase this property for the estimated value of £761,594, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,743 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, 51, Oak Lodge Avenue, Chigwell sits on a plot of 522m2.
We have plot size data on 22 out of 35 other houses in the postcode and 51, Oak Lodge Avenue, Chigwell sits on the 7th largest plot.
According to HM Land Registry, 51, Oak Lodge Avenue, Chigwell was last sold on 25 Aug 2011 for £442,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2011, the market for similar properties has risen 84.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Oak Lodge Avenue, Chigwell within a radius of 480 metres over the last 2 years.
The most recent example is 35, Oak Lodge Avenue, Chigwell, IG7 5JA, a Freehold house which sold for £670,000 in Jul 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Lodge Avenue, Chigwell, IG7 has a total of 73 addresses. According to our analysis of all the public data, 51, Oak Lodge Avenue, Chigwell is the 61st largest and the 55th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in IG7.
51, Oak Lodge Avenue, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2013.
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 51, Oak Lodge Avenue, Chigwell is Grange Hill station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 51, Oak Lodge Avenue, Chigwell, 48.7% of property is privately owned with a mortgage and 37.8% 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 51, Oak Lodge Avenue, Chigwell, 23.7% of residents are recorded as possessing school level qualifications and 45.8% 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 51, Oak Lodge 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 51, Oak Lodge Avenue, Chigwell, 0.7% 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 51, Oak Lodge Avenue, Chigwell, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.