According to the public record, 54, Hainault Road, Chigwell is a period freehold house with 1,302 ft2 of internal area and sits on a 68.4 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hainault Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
54, Hainault Road, Chigwell has 21 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated March 2019.
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 54 Hainault Road Chigwell as £704,466 and the rental value as £2,824 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 54 Hainault Road Chigwell has increased by £8,831 (1.3%) and its rental value has increased by £87 per month (3.1%).
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 54, Hainault Road, Chigwell is in very good condition we estimate a sale value of £739,689 and rental value of £2,965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £655,153 and a rental value of £2,627 per month.
If you were able to purchase this property for the estimated value of £704,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,462 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, 54, Hainault Road, Chigwell sits on a plot of 68m2.
We have plot size data on 13 out of 16 other houses in the postcode and 54, Hainault Road, Chigwell sits on the 11th largest plot.
According to HM Land Registry, 54, Hainault Road, Chigwell was last sold on 20 Aug 2018 for £364,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Hainault Road, Chigwell within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Lime Tree Cottage, The Chase, Chigwell, IG7 5EY, a Freehold house which sold for £397,000 in Aug 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hainault Road, Chigwell, IG7 has a total of 122 addresses. According to our analysis of all the public data, 54, Hainault Road, Chigwell is the 98th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in IG7.
54, Hainault Road, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2019.
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 54, Hainault Road, Chigwell is Chigwell station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 54, Hainault Road, Chigwell, 45.1% of property is privately owned outright and 28.4% 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 54, Hainault Road, Chigwell, 15.3% of residents are recorded as possessing school level qualifications and 31.9% 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 54, Hainault Road, Chigwell, the average age was 42.3 and the most common age was 57.
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 54, Hainault Road, Chigwell, 3.1% 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 54, Hainault Road, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.