According to the public record, 8, High Elms, Chigwell is a mid-century house with 1,668 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
High Elms, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, High Elms, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 High Elms Chigwell as £945,986 and the rental value as £3,075 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 8 High Elms Chigwell has increased by £13,604 (1.4%) and its rental value has increased by £115 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 8, High Elms, Chigwell is in very good condition we estimate a sale value of £993,286 and rental value of £3,228 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £879,767 and a rental value of £2,859 per month.
If you were able to purchase this property for the estimated value of £945,986, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,649 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, High Elms, Chigwell sits on a plot of 277m2.
We have plot size data on 8 out of 18 other houses in the postcode and 8, High Elms, Chigwell sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, High Elms, Chigwell within a radius of 770 metres over the last 2 years.
The most recent example is 1, The Friars, Chigwell, IG7 6NG, a Freehold house which sold for £1,000,000 in Oct 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Elms, Chigwell, IG7 has a total of 18 addresses. According to our analysis of all the public data, 8, High Elms, Chigwell is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £277k more expensive than the average property in IG7.
8, High Elms, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2019.
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 8, High Elms, 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 8, High Elms, 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, High Elms, 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, High Elms, 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, High Elms, 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, High Elms, 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.