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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 38, Chigwell Park Drive, Chigwell is a early-century freehold house with 1,474 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Chigwell Park Drive, Chigwell is £941,596 and the estimated rental value is £2,777 per month.
Chigwell Park Drive, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
38, Chigwell Park Drive, Chigwell has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 38, Chigwell Park Drive, Chigwell is in very good condition we estimate a sale value of £988,676 and a rental value of £2,916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £875,684 and a rental value of £2,583 per month.
Over the last 12 months the sale value of 38 Chigwell Park Drive Chigwell has decreased by an estimated £25,333 (2.7%) and its rental value has increased by an estimated £94 per month (3.4%), giving an expected gross yield of 3.5%.
38, Chigwell Park Drive, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 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, 38, Chigwell Park Drive, Chigwell was last sold on 10th March 2016 for £730,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has dropped 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Chigwell Park Drive, Chigwell within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 47, Chigwell Park Drive, Chigwell, IG7 5BD, a freehold house which sold for £875,000 on the 14th December 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chigwell Park Drive, Chigwell, IG7 has a total of 54 addresses. According to our analysis of all the public data, 38, Chigwell Park Drive, Chigwell is the 28th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £306k more expensive than the average property in IG7.
The nearest school is West Hatch High School which is 700 metres away. The nearest train station is Chigwell which is 400 metres away.
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