According to the public record, 29, Karina Close, Chigwell is a modern freehold house with 651 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Karina Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
29, Karina Close, Chigwell has 51 entries in the Land Registry database, most recently in July 2013 and a single entry in the EPC database dated March 2010.
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 29 Karina Close Chigwell as £437,142 and the rental value as £2,153 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 29 Karina Close Chigwell has increased by £15,519 (3.6%) and its rental value has increased by £126 per month (5.8%).
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 29, Karina Close, Chigwell is in very good condition we estimate a sale value of £459,000 and rental value of £2,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,542 and a rental value of £2,003 per month.
If you were able to purchase this property for the estimated value of £437,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,148 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, 29, Karina Close, Chigwell sits on a plot of 125m2.
We have plot size data on 40 out of 53 other houses in the postcode and 29, Karina Close, Chigwell sits on the 31st largest plot.
According to HM Land Registry, 29, Karina Close, Chigwell was last sold on 30 Jul 2013 for £235,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jul 2013, the market for similar properties has risen 68.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Karina Close, Chigwell within a radius of 460 metres over the last 2 years.
The most recent example is 37, Karina Close, Chigwell, IG7 4EN, a Freehold house which sold for £380,000 in Sep 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Karina Close, Chigwell, IG7 has a total of 53 addresses. According to our analysis of all the public data, 29, Karina Close, Chigwell is the 36th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in IG7.
29, Karina Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2010.
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 29, Karina Close, Chigwell is Grange Hill station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Karina Close, Chigwell, 42.7% of property is socially rented and 24.7% 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 29, Karina Close, Chigwell, 20.1% of residents are recorded as possessing school level qualifications and 39.8% 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 29, Karina 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 29, Karina Close, Chigwell, 0.4% 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 29, Karina Close, Chigwell, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.