According to the public record, 7, Fletcher Road, Chigwell is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fletcher Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Fletcher Road, Chigwell has a single entry in the Land Registry database from March 2011 and a single entry in the EPC database dated July 2015.
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 7 Fletcher Road Chigwell as £533,358 and the rental value as £2,607 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 7 Fletcher Road Chigwell has increased by £18,197 (3.4%) and its rental value has increased by £150 per month (5.7%).
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 7, Fletcher Road, Chigwell is in very good condition we estimate a sale value of £560,026 and rental value of £2,737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £496,023 and a rental value of £2,424 per month.
If you were able to purchase this property for the estimated value of £533,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,621 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, 7, Fletcher Road, Chigwell sits on a plot of 221m2.
We have plot size data on 3 out of 8 other houses in the postcode and 7, Fletcher Road, Chigwell sits on the largest plot.
According to HM Land Registry, 7, Fletcher Road, Chigwell was last sold on 25 Mar 2011 for £247,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2011, the market for similar properties has risen 92.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Fletcher Road, Chigwell within a radius of 450 metres over the last 2 years.
The most recent example is 104, Brocket Way, Chigwell, IG7 4EX, a Freehold house which sold for £537,500 in Sep 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fletcher Road, Chigwell, IG7 has a total of 28 addresses. According to our analysis of all the public data, 7, Fletcher Road, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in IG7.
7, Fletcher Road, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2015.
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 7, Fletcher Road, Chigwell is Hainault station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Fletcher Road, Chigwell, 40.6% of property is privately owned with a mortgage and 26.8% is socially 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 7, Fletcher Road, Chigwell, 24.0% of residents are recorded as possessing school level qualifications and 28.9% 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 7, Fletcher Road, Chigwell, the average age was 36.6 and the most common age was 37.
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 7, Fletcher Road, Chigwell, 0.2% 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 7, Fletcher Road, Chigwell, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.