38, Chigwell Rise
38, Chigwell Rise
Description & Estimates
The public record lists 38, Chigwell Rise, Chigwell as a freehold house sitting on a 597 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,862 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
38, Chigwell Rise, Chigwell has an estimated sale value of £1,134,549 and an estimated rental value of £3,028 per month, assuming reasonable condition and based on the information available.
Chigwell Rise, Chigwell, IG7 lies in the borough of Epping Forest, within the IG7 postal district.
Our Data Sources
38, Chigwell Rise, Chigwell has 31 entries in the Land Registry , most recently in August 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 38, Chigwell Rise, Chigwell would be worth £1,191,277, with a potential rental value of £3,179 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,055,131, with a rental value of £2,816 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 38, Chigwell Rise, Chigwell has declined by £30,524 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £102 (3.4%). The property's estimated gross yield is currently 3.2%.
Plot Size
38, Chigwell Rise, Chigwell occupies a 597 m2 plot as recorded by HM Land Registry.
All 21 other houses in this postcode have recorded plot sizes, and this one ranks as the 13th largest.
Sold Prices
38, Chigwell Rise, Chigwell last changed hands on 30th August 2016, selling for £1,110,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 16.0% since August 2016.
- Sold Aug 2016£1,110,000
- Sold Nov 2003£725,000
- Sold Apr 2000£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 38, Chigwell Rise, Chigwell across the last 2 years.
Most recently, 19, Brook Rise, Chigwell, IG7 6AP, a freehold house, sold at £1,100,000 on the 18th December 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 38, Chigwell Rise, Chigwell as the 38th largest and the 38th most expensive of the 53 addresses on Chigwell Rise, Chigwell, IG7.
Against the IG7 postcode district average, it is £499k more expensive than the typical property.
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Schools Nearby
- 1.1kmChigwell Primary Academy
- 1.4kmBuckhurst Hill Community Primary School
- 1.8kmWhite Bridge Primary School
- 1.2kmWest Hatch High School
- 2.7kmRoding Valley High School
- 3.2kmCaterham High School
More reading links
Public Transport Nearby
Chigwell station is the nearest stop to 38, Chigwell Rise, Chigwell at 400 metres away.
- 400mChigwell
- 1.7kmGrange Hill
- 1.8kmBuckhurst Hill
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.
