518, Chigwell Road, Woodford Green has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 518, Chigwell Road, Woodford Green is in very good condition we estimate a sale value of £506,899 and rental value of £2,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,968 and a rental value of £2,100 per month.
If you were able to purchase this property for the estimated value of £482,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,373 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, 518, Chigwell Road, Woodford Green sits on a plot of 242m2.
We have plot size data on 8 out of 17 other houses in the postcode and 518, Chigwell Road, Woodford Green sits on the 7th largest plot.
According to HM Land Registry, 518, Chigwell Road, Woodford Green was last sold on 02 Jun 2023 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 518, Chigwell Road, Woodford Green within a radius of 560 metres over the last 2 years.
The most recent example is 279, Snakes Lane East, Woodford Green, IG8 7JJ, a Freehold house which sold for £515,000 in Aug 2022.
Read more about house prices in IG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chigwell Road, Woodford Green, IG8 has a total of 311 addresses. According to our analysis of all the public data, 518, Chigwell Road, Woodford Green is the 124th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in IG8.
518, Chigwell Road, Woodford Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 518, Chigwell Road, Woodford Green is a early-century freehold house with 861 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chigwell Road, Woodford Green, IG8 is located in the borough of Redbridge within the IG8 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 518 Chigwell Road Woodford Green as £482,761 and the rental value as £2,258 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 518 Chigwell Road Woodford Green has increased by £11,811 (2.4%) and its rental value has increased by £70 per month (3.1%).
The closest station to 518, Chigwell Road, Woodford Green is Woodford station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 518, Chigwell Road, Woodford Green, 42.5% of property is privately owned with a mortgage and 29.9% 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 518, Chigwell Road, Woodford Green, 20.5% of residents are recorded as possessing school level qualifications and 41.0% 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 518, Chigwell Road, Woodford Green, the average age was 39.2 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 518, Chigwell Road, Woodford Green, 0.3% 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 518, Chigwell Road, Woodford Green, 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.