Chingford
The area has come a long way. Ever since the first church was erected in the 12th century, Chingford has developed, grown, and become a nice little neighbourhood in North East London.
This area has been included in London’s Metropolitan Police District since 1840 and part of its postal service since 1856. Queen Victoria gave Epping Forest to its people through the Epping Forest Act of 1878.
The old-world charm has remained with Chingford as growth came at a very slow pace. Even with the extension of the railroad to this neighbourhood, people just did not move in.
It took the North Circular Road in 1928 and the end of the Second world war to boost Chingford’s population. Today only Chingford Plain and Pole Hill remain the only undeveloped areas of this neighbourhood.
The most famous person to own property in this region was Lawrence of Arabia who owned Pole Hill while he was alive. The west side of this region borders the King George’s and William Girling reservoirs.
All of this as well as the traditionally styled homes make Chingford a very quaint area to live in. King Henry VIII’s hunting lodge (now called Queen Elizabeth’s hunting lodge) leads the way in helping this area retain that old-world charm.
Chingford’s Real Estate Values
Once you consider this area as a possible neighbourhood to live in, you are going to find its old-world charm quite relaxing and quaint. There are some grand homes with estates found in this region and to buy them you will need to pay around £1,000,000 to £2,000,000 for the pleasure.
Other mansions may not have the same size property but they also command a high price to own one of them. On average though, you should find flats, terraced homes, etc., on the affordable side.
The flats' average price is just over £300,000, while the terraced homes have been selling on average for £534,000 approx. The semi-detached housing has a little bit higher selling average, coming in at just over £630,000.
It is the detached homes that are worth more in this region of London. Their average price reaches almost £1,100,000 and in looking at how well they have been kept, they are worth the price.
What makes this area so special is that you are going to find a number of homes priced under £300,000. Many of the available flats are targeting the over-60 crowd and some owners proudly advertise their residents as retirement homes.
This is a very special place to retire to as you get a taste of country living without being too far from the city. Plus, the sales prices include a lifetime lease so you can remain in your new home for as long as you want.
Picking The Right Home For You
There are quite a few homes available in this region of London. That much availability may make it hard to make up your mind. That is why you need to call our company. We can help you narrow down your selection to a manageable number of homes.
Our estate agency has over 10 years of real estate experience in all areas of this city. We know the Chingford area well and can help you find that peaceful residence that makes your retirement just right.
The best thing to do is to call our office and talk to one of our professional estate agents to see what they can do for you. At this stage of your life, nothing is gained by leaving everything to chance. Get the right help today and call now.