According to the public record, 8, Hawthorn Way, Chigwell is a modern freehold house with 1,001 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hawthorn Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, Hawthorn Way, Chigwell has 3 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 2014.
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 8 Hawthorn Way Chigwell as £631,878 and the rental value as £2,618 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 Hawthorn Way Chigwell has increased by £22,417 (3.5%) and its rental value has increased by £154 per month (5.9%).
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 8, Hawthorn Way, Chigwell is in very good condition we estimate a sale value of £663,472 and rental value of £2,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £587,646 and a rental value of £2,435 per month.
If you were able to purchase this property for the estimated value of £631,878, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,105 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, 8, Hawthorn Way, Chigwell sits on a plot of 140m2.
We have plot size data on 8 out of 8 other houses in the postcode and 8, Hawthorn Way, Chigwell sits on the 7th largest plot.
According to HM Land Registry, 8, Hawthorn Way, Chigwell was last sold on 02 Sep 2022 for £585,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Hawthorn Way, Chigwell within a radius of 690 metres over the last 2 years.
The most recent example is 6, Hawthorn Way, Chigwell, IG7 4GP, a Freehold house which sold for £570,000 in Aug 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hawthorn Way, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 8, Hawthorn Way, Chigwell is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in IG7.
8, Hawthorn Way, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Mar 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Hawthorn Way, Chigwell is Grange Hill station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Hawthorn Way, Chigwell, 44.5% of property is privately owned with a mortgage and 43.1% 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 8, Hawthorn Way, Chigwell, 16.7% of residents are recorded as possessing school level qualifications and 33.6% 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 8, Hawthorn Way, 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 8, Hawthorn Way, Chigwell, 0.6% 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 8, Hawthorn Way, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.