According to the public record, 18, Chestnut Drive, London is a early-century freehold house with 1,840 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Chestnut Drive, London, E11 is located in the borough of Redbridge within the E11 postal district.
18, Chestnut Drive, London has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated January 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 18 Chestnut Drive London as £1,130,462 and the rental value as £4,061 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 18 Chestnut Drive London has increased by £33,467 (3.0%) and its rental value has increased by £172 per month (4.2%).
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 18, Chestnut Drive, London is in very good condition we estimate a sale value of £1,186,985 and rental value of £4,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,051,329 and a rental value of £3,776 per month.
If you were able to purchase this property for the estimated value of £1,130,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,556 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, 18, Chestnut Drive, London sits on a plot of 268m2.
We have plot size data on 23 out of 38 other houses in the postcode and 18, Chestnut Drive, London sits on the 8th largest plot.
According to HM Land Registry, 18, Chestnut Drive, London was last sold on 04 Mar 2022 for £947,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Chestnut Drive, London within a radius of 540 metres over the last 2 years.
The most recent example is 48, Highstone Avenue, London, E11 2PP, a Freehold house which sold for £1,050,000 in May 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Drive, London, E11 has a total of 41 addresses. According to our analysis of all the public data, 18, Chestnut Drive, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £515k more expensive than the average property in E11.
18, Chestnut Drive, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jan 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 18, Chestnut Drive, London is Wanstead station which is 500 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 18, Chestnut Drive, London, 49.6% of property is privately owned with a mortgage and 35.3% 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 18, Chestnut Drive, London, 19.2% of residents are recorded as possessing school level qualifications and 61.5% 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 18, Chestnut Drive, London, the average age was 41.5 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 18, Chestnut Drive, London, 1.2% 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 18, Chestnut Drive, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.