According to the public record, 14, Murtwell Drive, Chigwell is a mid-century freehold house with 1,582 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Murtwell Drive, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
14, Murtwell Drive, Chigwell has a single entry in the Land Registry database from January 2007 and a single entry in the EPC database dated February 2017.
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 14 Murtwell Drive Chigwell as £861,569 and the rental value as £2,928 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 14 Murtwell Drive Chigwell has increased by £14,832 (1.7%) and its rental value has increased by £92 per month (3.1%).
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 14, Murtwell Drive, Chigwell is in very good condition we estimate a sale value of £904,647 and rental value of £3,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £801,259 and a rental value of £2,723 per month.
If you were able to purchase this property for the estimated value of £861,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,234 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, 14, Murtwell Drive, Chigwell sits on a plot of 339m2.
We have plot size data on 21 out of 32 other houses in the postcode and 14, Murtwell Drive, Chigwell sits on the 17th largest plot.
According to HM Land Registry, 14, Murtwell Drive, Chigwell was last sold on 19 Jan 2007 for £455,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 99.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Murtwell Drive, Chigwell within a radius of 550 metres over the last 2 years.
The most recent example is 28, Murtwell Drive, Chigwell, IG7 5ED, a Freehold house which sold for £660,000 in Jul 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murtwell Drive, Chigwell, IG7 has a total of 33 addresses. According to our analysis of all the public data, 14, Murtwell Drive, Chigwell is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £193k more expensive than the average property in IG7.
14, Murtwell Drive, Chigwell has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Feb 2017.
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 14, Murtwell Drive, Chigwell is Hainault station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Murtwell Drive, Chigwell, 39.2% of property is privately owned outright and 36.8% 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 14, Murtwell Drive, Chigwell, 19.2% of residents are recorded as possessing school level qualifications and 39.0% 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 14, Murtwell Drive, Chigwell, the average age was 38.7 and the most common age was 32.
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 14, Murtwell Drive, Chigwell, 1.9% 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 14, Murtwell Drive, Chigwell, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.