56, Chigwell Rise
56, Chigwell Rise
Description & Estimates
56, Chigwell Rise, Chigwell is described in the public record as a mid-century house with 4,122 ft2 of internal area, sitting on a 701 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 56, Chigwell Rise, Chigwell is £1,889,121 and its rental estimate is £3,328 per month, given the available information and assuming reasonable condition.
Chigwell Rise, Chigwell, IG7 falls within the IG7 postal district, in the borough of Epping Forest.
Our Data Sources
56, Chigwell Rise, Chigwell has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56, Chigwell Rise, Chigwell, we estimate a market value of £1,983,577 and a rental value of £3,494 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,756,883 and £3,095 per month respectively.
Recent Market Change
Over the last year, 56, Chigwell Rise, Chigwell has seen its estimated sale value decline by £60,994 (3.2%) and its estimated rental value climb by £65 per month (2.0%). This results in an estimated gross rental yield of 2.1%.
Plot Size
HM Land Registry records the plot of land for 56, Chigwell Rise, Chigwell as measuring 701 m2.
That makes it the 8th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
56, Chigwell Rise, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 56, Chigwell Rise, Chigwell completed on 5th December 2006 at £705,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Dec 2006£705,000
- Sold Aug 1996£255,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Chigwell Rise, Chigwell have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2023, was 11, Chester Road, Chigwell, IG7 6AH, a freehold house which sold for £3,500.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 53 addresses on Chigwell Rise, Chigwell, IG7, 56, Chigwell Rise, Chigwell comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £1.253m more expensive than the average property across the IG7 district.
More reading links
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
From 56, Chigwell Rise, Chigwell, the nearest station is Chigwell, 400 metres away.
- 400mChigwell
- 1.7kmGrange Hill
- 1.8kmBuckhurst Hill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
