According to the public record, 56, Coolgardie Avenue, Chigwell is a early-century freehold house with 1,700 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Coolgardie Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
56, Coolgardie Avenue, Chigwell has 21 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated November 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 56 Coolgardie Avenue Chigwell as £948,020 and the rental value as £3,056 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 56 Coolgardie Avenue Chigwell has increased by £11,842 (1.2%) and its rental value has increased by £95 per month (3.1%).
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 56, Coolgardie Avenue, Chigwell is in very good condition we estimate a sale value of £995,421 and rental value of £3,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £881,659 and a rental value of £2,842 per month.
If you were able to purchase this property for the estimated value of £948,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,659 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, 56, Coolgardie Avenue, Chigwell sits on a plot of 288m2.
We have plot size data on 12 out of 27 other houses in the postcode and 56, Coolgardie Avenue, Chigwell sits on the 12th largest plot.
According to HM Land Registry, 56, Coolgardie Avenue, Chigwell was last sold on 19 Jan 2024 for £827,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Coolgardie Avenue, Chigwell within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 29, Lyndhurst Rise, Chigwell, IG7 5BB, a Freehold house which sold for £999,995 in Jul 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coolgardie Avenue, Chigwell, IG7 has a total of 69 addresses. According to our analysis of all the public data, 56, Coolgardie Avenue, Chigwell is the 25th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £279k more expensive than the average property in IG7.
56, Coolgardie Avenue, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 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 56, Coolgardie Avenue, Chigwell is Chigwell station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Coolgardie Avenue, Chigwell, 48.6% of property is privately owned outright and 45.8% 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 56, Coolgardie Avenue, Chigwell, 17.0% of residents are recorded as possessing school level qualifications and 45.4% 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 56, Coolgardie Avenue, Chigwell, the average age was 42.3 and the most common age was 57.
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 56, Coolgardie Avenue, Chigwell, 2.5% 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 56, Coolgardie Avenue, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.