According to the public record, 10, Fairview Drive, Chigwell is a mid-century freehold house with 871 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairview Drive, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
10, Fairview Drive, Chigwell has 21 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Fairview Drive Chigwell as £498,215 and the rental value as £2,460 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 10 Fairview Drive Chigwell has increased by £17,663 (3.5%) and its rental value has increased by £144 per month (5.9%).
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 10, Fairview Drive, Chigwell is in very good condition we estimate a sale value of £523,126 and rental value of £2,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,340 and a rental value of £2,288 per month.
If you were able to purchase this property for the estimated value of £498,215, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,449 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 10, Fairview Drive, Chigwell sits on a plot of 187m2.
We have plot size data on 34 out of 55 other houses in the postcode and 10, Fairview Drive, Chigwell sits on the 27th largest plot.
According to HM Land Registry, 10, Fairview Drive, Chigwell was last sold on 27 May 2022 for £197,813 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Fairview Drive, Chigwell within a radius of 540 metres over the last 2 years.
The most recent example is 22, Stevens Way, Chigwell, IG7 6HR, a Freehold house which sold for £530,000 in Jan 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairview Drive, Chigwell, IG7 has a total of 62 addresses. According to our analysis of all the public data, 10, Fairview Drive, Chigwell is the 23rd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in IG7.
10, Fairview Drive, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Fairview Drive, Chigwell is Grange Hill station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Fairview Drive, Chigwell, 37.5% of property is privately owned with a mortgage and 27.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Fairview Drive, Chigwell, 24.7% of residents are recorded as possessing school level qualifications and 34.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Fairview Drive, Chigwell, the average age was 36.6 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Fairview Drive, Chigwell, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Fairview Drive, Chigwell, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.