According to the public record, 31, Millwell Crescent, Chigwell is a mid-century freehold house with 1,969 ft2 of internal area and sits on a 923 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Millwell Crescent, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
31, Millwell Crescent, Chigwell has 21 entries in the Land Registry database, most recently in September 2022 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 31 Millwell Crescent Chigwell as £1,182,481 and the rental value as £3,554 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 31 Millwell Crescent Chigwell has increased by £17,005 (1.4%) and its rental value has increased by £133 per month (3.7%).
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 31, Millwell Crescent, Chigwell is in very good condition we estimate a sale value of £1,241,605 and rental value of £3,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,099,707 and a rental value of £3,305 per month.
If you were able to purchase this property for the estimated value of £1,182,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,812 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, 31, Millwell Crescent, Chigwell sits on a plot of 923m2.
We have plot size data on 17 out of 35 other houses in the postcode and 31, Millwell Crescent, Chigwell sits on the largest plot.
According to HM Land Registry, 31, Millwell Crescent, Chigwell was last sold on 08 Sep 2022 for £1,160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Millwell Crescent, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 16, Millwell Crescent, Chigwell, IG7 5HY, a Freehold house which sold for £1,000,000 in Nov 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millwell Crescent, Chigwell, IG7 has a total of 61 addresses. According to our analysis of all the public data, 31, Millwell Crescent, Chigwell is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £514k more expensive than the average property in IG7.
31, Millwell Crescent, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 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 31, Millwell Crescent, Chigwell is Grange Hill station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Millwell Crescent, 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 31, Millwell Crescent, 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 31, Millwell Crescent, 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 31, Millwell Crescent, 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 31, Millwell Crescent, 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.