57, Chigwell Park Drive
57, Chigwell Park Drive
Description & Estimates
57, Chigwell Park Drive, Chigwell is recorded publicly as an early-century freehold house across 1,140 ft2 of internal area, sitting on a 281 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 57, Chigwell Park Drive, Chigwell is £757,108 and its rental estimate is £2,374 per month, given the available information and assuming reasonable condition.
Chigwell Park Drive, Chigwell, IG7 falls within the IG7 postal district, in the borough of Epping Forest.
Our Data Sources
57, Chigwell Park Drive, Chigwell has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated November 2018.
We combine this information with that 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 57, Chigwell Park Drive, Chigwell, we estimate a market value of £794,964 and a rental value of £2,492 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £704,111 and £2,207 per month respectively.
Recent Market Change
Over the last year, 57, Chigwell Park Drive, Chigwell has seen its estimated sale value drop by £18,293 (2.4%) and its estimated rental value rise by £77 per month (3.3%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 57, Chigwell Park Drive, Chigwell as measuring 281 m2.
That makes it the 9th largest plot in the postcode, where all 12 other houses have recorded plot data.
Energy Efficiency
57, Chigwell Park Drive, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2018.
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 57, Chigwell Park Drive, Chigwell completed on 19th March 2021 at £655,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 33.2% over the period since March 2021.
- Sold Mar 2021£655,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 57, Chigwell Park Drive, Chigwell have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2024, was 28, Coolgardie Avenue, Chigwell, IG7 5AY, a freehold house which sold for £825,000.
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
Of the 54 addresses on Chigwell Park Drive, Chigwell, IG7, 57, Chigwell Park Drive, Chigwell comes out as the 44th largest and the 43rd most expensive in our analysis of the public data.
It is also £121k more expensive than the average property across the IG7 district.
More reading links
Schools Nearby
- 1.3kmBuckhurst Hill Community Primary School
- 1.5kmChigwell Primary Academy
- 1.7kmLimes Farm Junior School
- 700mWest Hatch High School
- 2.7kmCaterham High School
- 2.9kmRoding Valley High School
More reading links
Public Transport Nearby
From 57, Chigwell Park Drive, Chigwell, the nearest station is Chigwell, 500 metres away.
- 500mChigwell
- 1.6kmRoding Valley
- 1.7kmBuckhurst 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.
