According to the public record, 57, Oak Lodge Avenue, Chigwell is a mid-century freehold house with 1,797 ft2 of internal area and sits on a 525 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oak Lodge Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
57, Oak Lodge Avenue, Chigwell has 31 entries in the Land Registry database, most recently in February 2013 and a single entry in the EPC database dated February 2023.
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 57 Oak Lodge Avenue Chigwell as £1,073,176 and the rental value as £3,375 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 57 Oak Lodge Avenue Chigwell has increased by £15,433 (1.4%) and its rental value has increased by £126 per month (3.7%).
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 57, Oak Lodge Avenue, Chigwell is in very good condition we estimate a sale value of £1,126,835 and rental value of £3,544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £998,054 and a rental value of £3,139 per month.
If you were able to purchase this property for the estimated value of £1,073,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,274 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, 57, Oak Lodge Avenue, Chigwell sits on a plot of 525m2.
We have plot size data on 22 out of 35 other houses in the postcode and 57, Oak Lodge Avenue, Chigwell sits on the 6th largest plot.
According to HM Land Registry, 57, Oak Lodge Avenue, Chigwell was last sold on 21 Feb 2013 for £545,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2013, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Oak Lodge Avenue, Chigwell within a radius of 470 metres over the last 2 years.
The most recent example is 31, Millwell Crescent, Chigwell, IG7 5HX, a Freehold house which sold for £1,160,000 in Sep 2022.
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, 57, Oak Lodge Avenue, Chigwell is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £405k more expensive than the average property in IG7.
57, Oak Lodge Avenue, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2023.
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 57, Oak Lodge Avenue, Chigwell is Grange Hill station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 57, 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 57, 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 57, 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 57, 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 57, 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.