According to the public record, 78, The Lowe, Chigwell is a early-century freehold house with 1,065 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Lowe, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
78, The Lowe, Chigwell has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated December 2023.
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 78 The Lowe Chigwell as £495,547 and the rental value as £2,560 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 78 The Lowe Chigwell has increased by £16,907 (3.4%) and its rental value has increased by £147 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 78, The Lowe, Chigwell is in very good condition we estimate a sale value of £520,324 and rental value of £2,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,859 and a rental value of £2,381 per month.
If you were able to purchase this property for the estimated value of £495,547, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,435 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, 78, The Lowe, Chigwell sits on a plot of 245m2.
We have plot size data on 17 out of 26 other houses in the postcode and 78, The Lowe, Chigwell sits on the 6th largest plot.
According to HM Land Registry, 78, The Lowe, Chigwell was last sold on 01 Jun 2021 for £415,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, The Lowe, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 6, Crossbow Road, Chigwell, IG7 4EZ, a Freehold house which sold for £497,000 in Oct 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Lowe, Chigwell, IG7 has a total of 92 addresses. According to our analysis of all the public data, 78, The Lowe, Chigwell is the 16th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in IG7.
78, The Lowe, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2023.
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 78, The Lowe, Chigwell is Grange Hill station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, The Lowe, Chigwell, 30.8% of property is privately owned with a mortgage and 25.9% 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 78, The Lowe, Chigwell, 24.5% of residents are recorded as possessing school level qualifications and 31.3% 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 78, The Lowe, 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 78, The Lowe, Chigwell, 0.0% 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 78, The Lowe, 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.