According to the public record, 9, Stevens Way, Chigwell is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 223 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.
9, Stevens Way, Chigwell has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated February 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 9 Stevens Way Chigwell as £660,969 and the rental value as £2,928 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 9 Stevens Way Chigwell has increased by £17,777 (2.7%) and its rental value has increased by £146 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 9, Stevens Way, Chigwell is in very good condition we estimate a sale value of £694,018 and rental value of £3,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £614,702 and a rental value of £2,723 per month.
If you were able to purchase this property for the estimated value of £660,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,248 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, Stevens Way, Chigwell sits on a plot of 223m2.
We have plot size data on 12 out of 18 other houses in the postcode and 9, Stevens Way, Chigwell sits on the 5th largest plot.
According to HM Land Registry, 9, Stevens Way, Chigwell was last sold on 31 Mar 2014 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, 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, 9, Stevens Way, Chigwell is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in IG7.
9, Stevens Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2014.
The property is connected to mains gas and has single glazeddouble glazing. It is heated using a boiler and radiators.
The closest station to 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.