According to the public record, 47, Hazelwood Park Close, Chigwell is a modern freehold house with 452 ft2 of internal area and sits on a 92.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Hazelwood Park Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
47, Hazelwood Park Close, Chigwell has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated November 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 47 Hazelwood Park Close Chigwell as £338,314 and the rental value as £1,687 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 47 Hazelwood Park Close Chigwell has increased by £12,011 (3.6%) and its rental value has increased by £99 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 47, Hazelwood Park Close, Chigwell is in very good condition we estimate a sale value of £355,230 and rental value of £1,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,632 and a rental value of £1,569 per month.
If you were able to purchase this property for the estimated value of £338,314, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,663 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, 47, Hazelwood Park Close, Chigwell sits on a plot of 93m2.
We have plot size data on 41 out of 49 other houses in the postcode and 47, Hazelwood Park Close, Chigwell sits on the 32nd largest plot.
According to HM Land Registry, 47, Hazelwood Park Close, Chigwell was last sold on 07 Feb 2022 for £310,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Hazelwood Park Close, Chigwell within a radius of 460 metres over the last 2 years.
The most recent example is 43, Hazelwood Park Close, Chigwell, IG7 4JJ, a Freehold house which sold for £312,500 in Jul 2020.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hazelwood Park Close, Chigwell, IG7 has a total of 58 addresses. According to our analysis of all the public data, 47, Hazelwood Park Close, Chigwell is the 52nd largest and the 47th most expensive property on the street.
When compared to the postcode district it is £330k less expensive than the average property in IG7.
47, Hazelwood Park Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 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 47, Hazelwood Park Close, Chigwell is Hainault station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Hazelwood Park Close, Chigwell, 36.5% of property is privately owned with a mortgage and 31.8% is privately rented.
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 47, Hazelwood Park Close, Chigwell, 15.7% of residents are recorded as possessing school level qualifications and 42.9% 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 47, Hazelwood Park 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 47, Hazelwood Park Close, Chigwell, 1.6% 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 47, Hazelwood Park Close, Chigwell, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.