According to the public record, 16, North Dene, Chigwell is a mid-century freehold house with 839 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
North Dene, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
16, North Dene, Chigwell has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated October 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 16 North Dene Chigwell as £484,599 and the rental value as £2,455 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 16 North Dene Chigwell has increased by £17,192 (3.5%) and its rental value has increased by £145 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 16, North Dene, Chigwell is in very good condition we estimate a sale value of £508,829 and rental value of £2,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,677 and a rental value of £2,283 per month.
If you were able to purchase this property for the estimated value of £484,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,382 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, 16, North Dene, Chigwell sits on a plot of 199m2.
We have plot size data on 13 out of 23 other houses in the postcode and 16, North Dene, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 16, North Dene, Chigwell was last sold on 27 Jul 2022 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, North Dene, Chigwell within a radius of 520 metres over the last 2 years.
The most recent example is 47, High Meadows, Chigwell, IG7 5JY, a Freehold house which sold for £507,000 in Nov 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Dene, Chigwell, IG7 has a total of 56 addresses. According to our analysis of all the public data, 16, North Dene, Chigwell is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in IG7.
16, North Dene, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 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 16, North Dene, Chigwell is Grange Hill station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, North Dene, Chigwell, 49.6% of property is privately owned outright and 39.4% 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 16, North Dene, Chigwell, 17.3% of residents are recorded as possessing school level qualifications and 45.1% 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 16, North Dene, 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 16, North Dene, Chigwell, 0.3% 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 16, North Dene, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.