According to the public record, 7, Stevens Way, Chigwell is a mid-century freehold house with 1,345 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Stevens Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Stevens Way, Chigwell has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated January 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 7 Stevens Way Chigwell as £669,136 and the rental value as £2,943 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Stevens Way Chigwell has increased by £17,996 (2.7%) and its rental value has increased by £147 per month (5.0%).
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, Stevens Way, Chigwell is in very good condition we estimate a sale value of £702,593 and rental value of £3,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,296 and a rental value of £2,737 per month.
If you were able to purchase this property for the estimated value of £669,136, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,289 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, Stevens Way, Chigwell sits on a plot of 251m2.
We have plot size data on 12 out of 18 other houses in the postcode and 7, Stevens Way, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 7, Stevens Way, Chigwell was last sold on 26 Feb 2021 for £520,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stevens Way, Chigwell within a radius of 570 metres over the last 2 years.
The most recent example is 9, Rowland Crescent, Chigwell, IG7 6HU, a Freehold house which sold for £492,000 in Mar 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stevens Way, Chigwell, IG7 has a total of 20 addresses. According to our analysis of all the public data, 7, Stevens Way, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £606 more expensive than the average property in IG7.
7, Stevens Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2021.
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, Stevens Way, Chigwell is Grange Hill station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Stevens Way, Chigwell, 37.5% of property is privately owned with a mortgage and 27.8% 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 7, Stevens Way, Chigwell, 24.7% of residents are recorded as possessing school level qualifications and 34.9% 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, Stevens Way, 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, Stevens Way, Chigwell, 0.5% 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, Stevens Way, Chigwell, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.