494 Chigwell Road, Woodford Green, IG8 8PA is a freehold terraced property built between 1900-1929. The property offers approximately 1,141 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £580,033 , which equates to approximately £508 per square foot. It was last sold on 5 Jul 2022 for £549,000. Since then, the value has increased by £31,033, representing a 5.7% increase, or approximately 1.6% per year.

The current estimated value of £580,033 is:

  • 26.4% higher than the average property price on Chigwell Road
  • 16.6% higher than the average in the IG8 8PA postcode area
  • and 17.9% lower than the average price for Woodford Green as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 17 January 2022, the property was recorded as owner-occupied.

View sold house prices in IG8 8PA

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1141 sq ft
Tenure
Freehold
Price (estimate)
£580,033
Price Per sq ft (estimate)
£508
Bedroom Count (estimate)
4 bedrooms

EPC Summary

494 Chigwell Road, Woodford Green, Redbridge, Greater London, IG8 8PA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Jan 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Apr 2013. The rating of D is unchanged, though the energy efficiency score decreased by 9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, 100 mm loft insulation, improving energy efficiency from poor to average.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG8 8PA

2 nd / 15
Price Rank
17% higher than average
2 nd / 9
Size Rank
18% bigger than average
5 th / 9
Price Per Sq FT Rank
1% lower than average

Compared to other properties in IG8 8PA , this house's estimated value ranks 2nd out of 15. Based on price per square foot, it ranks 5th out of 9 properties. In terms of size, this home ranks 2nd out of 9 properties in its postcode area.

Sale History

Today
£580,033
streetscan.co.uk estimate
+6 %
5 Jul 2022
£549,000
Leasehold
+26.2 %
14 Oct 2015
£435,000
Leasehold
+28.1 %
12 Feb 2014
£339,500
Leasehold
+43.9 %
11 Apr 2006
£236,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1227 sq ft
sale price: £450,000
sale date: 29 Mar 2019
rooms: 5
size: 1012 sq ft
sale price: £450,000
sale date: 28 Nov 2018
rooms: 4
size: 1066 sq ft
sale price: £150,000
sale date: 1 Apr 2009
rooms: 5
size: 990 sq ft
sale price: £79,995
sale date: 12 Dec 1997
rooms: 4
size: 1015 sq ft
sale price: £79,500
sale date: 17 Mar 1995

Data Sources

The property at 494 Chigwell Road, Woodford Green, IG8 8PA appears four times in the Land Registry records, with the latest transaction recorded on 5 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.