According to the public record, 7, Martina Terrace, Chigwell is a modern freehold house with 430 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Martina Terrace, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Martina Terrace, Chigwell has 21 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated September 2020.
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 Martina Terrace Chigwell as £375,011 and the rental value as £1,691 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Martina Terrace Chigwell has increased by £13,314 (3.6%) and its rental value has increased by £99 per month (5.8%).
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, Martina Terrace, Chigwell is in very good condition we estimate a sale value of £393,762 and rental value of £1,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,761 and a rental value of £1,573 per month.
If you were able to purchase this property for the estimated value of £375,011, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,843 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, Martina Terrace, Chigwell sits on a plot of 158m2.
We have plot size data on 11 out of 17 other houses in the postcode and 7, Martina Terrace, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 7, Martina Terrace, Chigwell was last sold on 29 Jan 2021 for £437,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Martina Terrace, Chigwell within a radius of 460 metres over the last 2 years.
The most recent example is 47, Hazelwood Park Close, Chigwell, IG7 4JJ, a Freehold house which sold for £310,000 in Feb 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martina Terrace, Chigwell, IG7 has a total of 17 addresses. According to our analysis of all the public data, 7, Martina Terrace, Chigwell is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £294k less expensive than the average property in IG7.
7, Martina Terrace, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2020.
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, Martina Terrace, Chigwell is Grange Hill station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Martina Terrace, Chigwell, 42.7% of property is socially rented and 24.7% 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, Martina Terrace, Chigwell, 20.1% of residents are recorded as possessing school level qualifications and 39.8% 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 7, Martina Terrace, 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, Martina Terrace, Chigwell, 0.4% 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, Martina Terrace, Chigwell, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.