According to the public record, 38, Dacre Gardens, Chigwell is a mid-century freehold house with 1,689 ft2 of internal area and sits on a 462 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Dacre Gardens, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
38, Dacre Gardens, Chigwell has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated July 2020.
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 38 Dacre Gardens Chigwell as £957,138 and the rental value as £3,094 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 38 Dacre Gardens Chigwell has increased by £14,606 (1.5%) and its rental value has increased by £113 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 38, Dacre Gardens, Chigwell is in very good condition we estimate a sale value of £1,004,995 and rental value of £3,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £890,139 and a rental value of £2,878 per month.
If you were able to purchase this property for the estimated value of £957,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,704 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, 38, Dacre Gardens, Chigwell sits on a plot of 462m2.
We have plot size data on 16 out of 27 other houses in the postcode and 38, Dacre Gardens, Chigwell sits on the 2nd largest plot.
According to HM Land Registry, 38, Dacre Gardens, Chigwell was last sold on 19 Feb 2021 for £810,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Dacre Gardens, Chigwell within a radius of 810 metres over the last 2 years.
The most recent example is 42, Lechmere Avenue, Chigwell, IG7 5ET, a Freehold house which sold for £815,000 in Oct 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dacre Gardens, Chigwell, IG7 has a total of 49 addresses. According to our analysis of all the public data, 38, Dacre Gardens, Chigwell is the 7th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £289k more expensive than the average property in IG7.
38, Dacre Gardens, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jul 2020.
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 38, Dacre Gardens, Chigwell is Grange Hill station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Dacre Gardens, Chigwell, 49.2% of property is privately owned outright and 45.2% 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 38, Dacre Gardens, Chigwell, 19.0% of residents are recorded as possessing school level qualifications and 42.5% 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 38, Dacre Gardens, 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 38, Dacre Gardens, Chigwell, 3.5% 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 38, Dacre Gardens, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.