According to the public record, 13, Fairview Close, Chigwell is a mid-century freehold house with 1,808 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fairview Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
13, Fairview Close, Chigwell has a single entry in the Land Registry database from September 2009 and a single entry in the EPC database dated July 2021.
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 13 Fairview Close Chigwell as £931,493 and the rental value as £3,097 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 13 Fairview Close Chigwell has increased by £25,053 (2.7%) and its rental value has increased by £155 per month (5.0%).
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 13, Fairview Close, Chigwell is in very good condition we estimate a sale value of £978,068 and rental value of £3,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £866,289 and a rental value of £2,880 per month.
If you were able to purchase this property for the estimated value of £931,493, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,578 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, 13, Fairview Close, Chigwell sits on a plot of 290m2.
We have plot size data on 9 out of 16 other houses in the postcode and 13, Fairview Close, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 13, Fairview Close, Chigwell was last sold on 11 Sep 2009 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2009, the market for similar properties has risen 90.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Fairview Close, Chigwell within a radius of 630 metres over the last 2 years.
The most recent example is 1, The Friars, Chigwell, IG7 6NG, a Freehold house which sold for £1,000,000 in Oct 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairview Close, Chigwell, IG7 has a total of 17 addresses. According to our analysis of all the public data, 13, Fairview Close, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in IG7.
13, Fairview Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2021.
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 13, Fairview Close, Chigwell is Grange Hill station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Fairview Close, Chigwell, 47.1% of property is privately owned outright and 46.2% 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 13, Fairview Close, Chigwell, 19.5% of residents are recorded as possessing school level qualifications and 50.4% 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 13, Fairview Close, 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 13, Fairview Close, Chigwell, 1.1% 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 13, Fairview Close, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.