According to the public record, 59, Hainault Road, Chigwell is a period freehold house with 4,305 ft2 of internal area and sits on a 739 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Hainault Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
59, Hainault Road, Chigwell has 21 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated September 2021.
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 59 Hainault Road Chigwell as £2,082,306 and the rental value as £6,027 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 59 Hainault Road Chigwell has increased by £30,026 (1.4%) and its rental value has increased by £215 per month (3.6%).
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 59, Hainault Road, Chigwell is in very good condition we estimate a sale value of £2,186,421 and rental value of £6,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,936,544 and a rental value of £5,605 per month.
If you were able to purchase this property for the estimated value of £2,082,306, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,234 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, 59, Hainault Road, Chigwell sits on a plot of 739m2.
We have plot size data on 22 out of 28 other houses in the postcode and 59, Hainault Road, Chigwell sits on the 8th largest plot.
According to HM Land Registry, 59, Hainault Road, Chigwell was last sold on 16 Jun 2017 for £1,010,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Hainault Road, Chigwell within a radius of 860 metres over the last 2 years.
The most recent example is 130, Hainault Road, Chigwell, IG7 5DL, a Freehold house which sold for £1,850,000 in Feb 2022.
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, 59, Hainault Road, Chigwell is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £1.414m more expensive than the average property in IG7.
59, Hainault Road, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 59, Hainault Road, Chigwell is Chigwell station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 59, Hainault Road, Chigwell, 46.8% of property is privately owned with a mortgage and 38.1% 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 59, Hainault Road, Chigwell, 17.3% of residents are recorded as possessing school level qualifications and 46.8% 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 59, Hainault Road, 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 59, Hainault Road, Chigwell, 0.0% 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 59, Hainault Road, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.