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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Arrowsmith Road, Chigwell is £383,821 and the estimated rental value is £1,968 per month.
Arrowsmith Road, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
116, Arrowsmith Road, Chigwell has a single entry in the Land Registry from August 2007 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 116, Arrowsmith Road, Chigwell is in very good condition we estimate a sale value of £403,012 and a rental value of £2,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,953 and a rental value of £1,830 per month.
Over the last 12 months the sale value of 116 Arrowsmith Road Chigwell has decreased by an estimated £3,371 (0.9%) and its rental value has increased by an estimated £59 per month (3.0%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 116, Arrowsmith Road, Chigwell sits on a plot of 211m2.
We have plot size data on 8 out of 16 other houses in the postcode and 116, Arrowsmith Road, Chigwell sits on the largest plot.
116, Arrowsmith Road, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 116, Arrowsmith Road, Chigwell was last sold on 14th August 2007 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 121.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Arrowsmith Road, Chigwell within a radius of 440 metres over the last 2 years.
The most recent example is 124, Arrowsmith Road, Chigwell, IG7 4PF, a freehold house which sold for £400,000 on the 1st May 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arrowsmith Road, Chigwell, IG7 has a total of 150 addresses. According to our analysis of all the public data, 116, Arrowsmith Road, Chigwell is the 49th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £258k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 354 metres away. The nearest train station is Grange Hill which is 1.1 kilometres away.
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