According to the public record, 12, Cedar Park, Chigwell is a modern freehold house with 1,528 ft2 of internal area and sits on a 439 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cedar Park, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
12, Cedar Park, Chigwell has 21 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated June 2009.
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 12 Cedar Park Chigwell as £911,711 and the rental value as £3,067 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 12 Cedar Park Chigwell has increased by £16,344 (1.8%) and its rental value has increased by £97 per month (3.2%).
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 12, Cedar Park, Chigwell is in very good condition we estimate a sale value of £957,296 and rental value of £3,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £847,891 and a rental value of £2,852 per month.
If you were able to purchase this property for the estimated value of £911,711, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,481 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, 12, Cedar Park, Chigwell sits on a plot of 439m2.
We have plot size data on 6 out of 7 other houses in the postcode and 12, Cedar Park, Chigwell sits on the 2nd largest plot.
According to HM Land Registry, 12, Cedar Park, Chigwell was last sold on 26 Apr 2010 for £649,999 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2010, the market for similar properties has risen 77.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Cedar Park, Chigwell within a radius of 970 metres over the last 2 years.
The most recent example is 4, Ely Place, Woodford Green, IG8 8AG, a Freehold house which sold for £780,000 in Mar 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Park, Chigwell, IG7 has a total of 12 addresses. According to our analysis of all the public data, 12, Cedar Park, Chigwell is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £243k more expensive than the average property in IG7.
12, Cedar Park, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 12, Cedar Park, Chigwell is Chigwell station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Cedar Park, Chigwell, 38.0% of property is privately owned outright and 36.0% is privately owned with a mortgage.
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 12, Cedar Park, Chigwell, 15.1% of residents are recorded as possessing school level qualifications and 42.4% 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 12, Cedar Park, Chigwell, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 12, Cedar Park, Chigwell, 0.4% of property was a second home.
Comparison figures for East of England 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 12, Cedar Park, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.