7, Gainsborough Place
7, Gainsborough Place
Description & Estimates
7, Gainsborough Place, Chigwell is recorded publicly as a modern freehold house across 2,432 ft2 of internal area, sitting on a 597 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Gainsborough Place, Chigwell is £1,392,788 and its rental estimate is £3,228 per month, given the available information and assuming reasonable condition.
Gainsborough Place, Chigwell, IG7 falls within the IG7 postal district, in the borough of Epping Forest.
Our Data Sources
7, Gainsborough Place, Chigwell has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Gainsborough Place, Chigwell, we estimate a market value of £1,462,427 and a rental value of £3,389 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,295,293 and £3,002 per month respectively.
Recent Market Change
Over the last year, 7, Gainsborough Place, Chigwell has seen its estimated sale value fall by £44,969 (3.2%) and its estimated rental value move up by £63 per month (2.0%). This results in an estimated gross rental yield of 2.8%.
Plot Size
HM Land Registry records the plot of land for 7, Gainsborough Place, Chigwell as measuring 597 m2.
That makes it the 5th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
7, Gainsborough Place, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2019.
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 7, Gainsborough Place, Chigwell completed on 18th October 2017 at £1,060,000 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 risen by 44.2% over the period since October 2017.
- Sold Oct 2017£1,060,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Gainsborough Place, Chigwell have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was Dene House, Chapel Lane, Chigwell, IG7 6JJ, a freehold house which sold for £1,547,500.
Read more about house prices in IG7.
- Sold Nov 2024£1,547,500 | 5 Bed HouseDene House, Chapel Lane, Chigwell, IG7 6JJDene House, Chapel Lane, Chigwell, IG7 6JJ
- Sold Aug 2020£1,275,000 | 5 Bed House1, Gainsborough Place, Chigwell, IG7 6LA1, Gainsborough Place, Chigwell, IG7 6LA
- Sold Apr 2019£1,200,000 | 5 Bed House4, Gainsborough Place, Chigwell, IG7 6LA4, Gainsborough Place, Chigwell, IG7 6LA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Gainsborough Place, Chigwell, IG7, 7, Gainsborough Place, Chigwell comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £757k more expensive than the average property across the IG7 district.
More reading links
Schools Nearby
- 800mCoppice Primary School
- 1.0kmManford Primary School
- 1.2kmChigwell Row Infant School
- 1.2kmForest Academy
- 3.0kmKing Solomon High School
- 3.1kmWest Hatch High School
More reading links
Public Transport Nearby
From 7, Gainsborough Place, Chigwell, the nearest station is Grange Hill, 1.1 kilometres away.
- 1.1kmGrange Hill
- 1.8kmHainault
- 2.2kmChigwell
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
