According to the public record, 45, Karina Close, Chigwell is a modern house with 731 ft2 of internal area and sits on a 198 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.
45, Karina Close, Chigwell has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 45 Karina Close Chigwell as £477,854 and the rental value as £2,351 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 45 Karina Close Chigwell has increased by £16,965 (3.6%) and its rental value has increased by £137 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 45, Karina Close, Chigwell is in very good condition we estimate a sale value of £501,747 and rental value of £2,469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,405 and a rental value of £2,186 per month.
If you were able to purchase this property for the estimated value of £477,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,349 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, 45, Karina Close, Chigwell sits on a plot of 198m2.
We have plot size data on 40 out of 53 other houses in the postcode and 45, Karina Close, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 45, Karina Close, Chigwell was last sold on 23 Jun 1999 for £117,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Karina Close, Chigwell within a radius of 460 metres over the last 2 years.
The most recent example is 46, Karina Close, Chigwell, IG7 4EN, a Freehold house which sold for £505,000 in Dec 2022.
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, 45, Karina Close, Chigwell is the 31st largest and the 18th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in IG7.
45, Karina Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2022.
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 45, 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 45, 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 45, 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 45, 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 45, 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 45, 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.