540, Chigwell Road, Woodford Green has 31 entries in the Land Registry database, most recently in May 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 540, Chigwell Road, Woodford Green is in very good condition we estimate a sale value of £499,480 and rental value of £2,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,397 and a rental value of £2,054 per month.
If you were able to purchase this property for the estimated value of £475,695, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,338 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 HM Land Registry, 540, Chigwell Road, Woodford Green was last sold on 25 May 2006 for £235,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 540, Chigwell Road, Woodford Green within a radius of 570 metres over the last 2 years.
The most recent example is 518, Chigwell Road, Woodford Green, IG8 8PA, a Freehold house which sold for £500,000 in Jun 2023.
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, 540, Chigwell Road, Woodford Green is the 71st largest and the 108th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in IG8.
According to the public record, 540, Chigwell Road, Woodford Green is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 979 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
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 540 Chigwell Road Woodford Green as £475,695 and the rental value as £2,209 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 540 Chigwell Road Woodford Green has increased by £11,638 (2.4%) and its rental value has increased by £68 per month (3.1%).
The closest station to 540, 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 540, 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 540, 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 540, 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 540, 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 540, 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.