According to the public record, 7, Hainault Grove, Chigwell is a mid-century freehold house with 1,593 ft2 of internal area and sits on a 712 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hainault Grove, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
7, Hainault Grove, Chigwell has 31 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated September 2018.
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 Hainault Grove Chigwell as £1,128,432 and the rental value as £3,737 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 7 Hainault Grove Chigwell has increased by £17,220 (1.5%) and its rental value has increased by £137 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 7, Hainault Grove, Chigwell is in very good condition we estimate a sale value of £1,184,854 and rental value of £3,924 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,049,442 and a rental value of £3,475 per month.
If you were able to purchase this property for the estimated value of £1,128,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,546 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, Hainault Grove, Chigwell sits on a plot of 712m2.
We have plot size data on 5 out of 8 other houses in the postcode and 7, Hainault Grove, Chigwell sits on the 2nd largest plot.
According to HM Land Registry, 7, Hainault Grove, Chigwell was last sold on 29 Jun 2021 for £1,100,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hainault Grove, Chigwell within a radius of 840 metres over the last 2 years.
The most recent example is 69, Hainault Road, Chigwell, IG7 5DL, a Freehold house which sold for £1,234,000 in Jun 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hainault Grove, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 7, Hainault Grove, Chigwell is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £460k more expensive than the average property in IG7.
7, Hainault Grove, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2018.
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, Hainault Grove, Chigwell is Chigwell station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Hainault Grove, Chigwell, 45.6% of property is privately owned outright and 39.0% is privately owned with a mortgage.
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, Hainault Grove, Chigwell, 14.3% of residents are recorded as possessing school level qualifications and 48.3% 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, Hainault Grove, 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 7, Hainault Grove, Chigwell, 0.5% 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 7, Hainault Grove, Chigwell, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.