According to the public record, 48, Bracken Drive, Chigwell is a mid-century freehold house with 2,830 ft2 of internal area and sits on a 691 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bracken Drive, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
48, Bracken Drive, Chigwell has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated March 2017.
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 48 Bracken Drive Chigwell as £1,499,785 and the rental value as £4,341 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 48 Bracken Drive Chigwell has increased by £22,221 (1.5%) and its rental value has increased by £126 per month (2.9%).
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 48, Bracken Drive, Chigwell is in very good condition we estimate a sale value of £1,574,775 and rental value of £4,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,394,800 and a rental value of £4,037 per month.
If you were able to purchase this property for the estimated value of £1,499,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,371 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, 48, Bracken Drive, Chigwell sits on a plot of 691m2.
We have plot size data on 15 out of 26 other houses in the postcode and 48, Bracken Drive, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 48, Bracken Drive, Chigwell was last sold on 18 Feb 2022 for £1,450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Bracken Drive, Chigwell within a radius of 570 metres over the last 2 years.
The most recent example is 72, Bracken Drive, Chigwell, IG7 5RD, a Freehold house which sold for £930,000 in Aug 2019.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bracken Drive, Chigwell, IG7 has a total of 72 addresses. According to our analysis of all the public data, 48, Bracken Drive, Chigwell is the 18th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £831k more expensive than the average property in IG7.
48, Bracken Drive, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 48, Bracken Drive, Chigwell is Grange Hill station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Bracken Drive, Chigwell, 39.2% of property is privately owned outright and 36.8% 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 48, Bracken Drive, Chigwell, 19.2% of residents are recorded as possessing school level qualifications and 39.0% 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 48, Bracken Drive, 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 48, Bracken Drive, Chigwell, 1.9% 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 48, Bracken Drive, Chigwell, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.