261, Fencepiece Road
261, Fencepiece Road
Description & Estimates
Public records show 261, Fencepiece Road, Chigwell to be a mid-century freehold house with 2,389 ft2 of internal area, sitting on a 475 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
261, Fencepiece Road, Chigwell has an estimated sale value of £878,005 and an estimated rental value of £3,312 per month, assuming reasonable condition and based on the information available.
Fencepiece Road, Chigwell, IG7 lies in the borough of Epping Forest, within the IG7 postal district.
Our Data Sources
261, Fencepiece Road, Chigwell has 41 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 261, Fencepiece Road, Chigwell would be worth £921,905, with a potential rental value of £3,478 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £816,545, with a rental value of £3,080 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 261, Fencepiece Road, Chigwell has decreased by £28,348 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £65 (2.0%). The property's estimated gross yield is currently 4.5%.
Plot Size
261, Fencepiece Road, Chigwell occupies a 475 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
261, Fencepiece Road, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
261, Fencepiece Road, Chigwell last changed hands on 28th July 2023, selling for £845,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 6.6% since July 2023.
- Sold Jul 2023£845,000
- Sold Mar 2016£690,000
- Sold Jun 2002£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 261, Fencepiece Road, Chigwell across the last 2 years.
Most recently, 390, Fencepiece Road, Chigwell, IG7 5DY, a freehold house, sold at £900,000 on the 23rd August 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 261, Fencepiece Road, Chigwell as the 5th largest and the 10th most expensive of the 63 addresses on Fencepiece Road, Chigwell, IG7.
Against the IG7 postcode district average, it is £242k more expensive than the typical property.
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Schools Nearby
- 400mLimes Farm Junior School
- 400mLimes Farm Infant School and Nursery
- 1.1kmFairlop Primary School
- 1.3kmWest Hatch High School
- 1.9kmKing Solomon High School
- 2.0kmIlford County High School
More reading links
Public Transport Nearby
Grange Hill station is the nearest stop to 261, Fencepiece Road, Chigwell at 800 metres away.
- 800mGrange Hill
- 1.0kmHainault
- 1.0kmChigwell
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
