According to the public record, 9, Oak Lodge Avenue, Chigwell is a early-century freehold house with 1,582 ft2 of internal area and sits on a 419 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oak Lodge Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
9, Oak Lodge Avenue, Chigwell has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated July 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 9 Oak Lodge Avenue Chigwell as £993,248 and the rental value as £3,298 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 9 Oak Lodge Avenue Chigwell has increased by £14,283 (1.4%) and its rental value has increased by £123 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 9, Oak Lodge Avenue, Chigwell is in very good condition we estimate a sale value of £1,042,910 and rental value of £3,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £923,720 and a rental value of £3,067 per month.
If you were able to purchase this property for the estimated value of £993,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,882 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, 9, Oak Lodge Avenue, Chigwell sits on a plot of 419m2.
We have plot size data on 22 out of 35 other houses in the postcode and 9, Oak Lodge Avenue, Chigwell sits on the 21st largest plot.
According to HM Land Registry, 9, Oak Lodge Avenue, Chigwell was last sold on 18 Oct 2023 for £900,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Oak Lodge Avenue, Chigwell within a radius of 570 metres over the last 2 years.
The most recent example is 107, Grange Crescent, Chigwell, IG7 5JD, a Freehold house which sold for £830,000 in Feb 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Lodge Avenue, Chigwell, IG7 has a total of 73 addresses. According to our analysis of all the public data, 9, Oak Lodge Avenue, Chigwell is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £325k more expensive than the average property in IG7.
9, Oak Lodge Avenue, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 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 9, Oak Lodge Avenue, Chigwell is Grange Hill station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Oak Lodge Avenue, Chigwell, 48.7% of property is privately owned with a mortgage and 37.8% 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 9, Oak Lodge Avenue, Chigwell, 23.7% of residents are recorded as possessing school level qualifications and 45.8% 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 9, Oak Lodge Avenue, 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 9, Oak Lodge Avenue, Chigwell, 0.7% 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 9, Oak Lodge Avenue, Chigwell, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.