According to the public record, 7, Stradbroke Drive, Chigwell is a modern freehold house with 9,472 ft2 of internal area and sits on a 1,397 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Stradbroke Drive, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
7, Stradbroke Drive, Chigwell has 2 entries in the Land Registry database, most recently in July 2007 and a single entry in the EPC database dated November 2013.
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 7 Stradbroke Drive Chigwell as £3,349,363 and the rental value as £9,694 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 7 Stradbroke Drive Chigwell has increased by £49,626 (1.5%) and its rental value has increased by £280 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 7, Stradbroke Drive, Chigwell is in very good condition we estimate a sale value of £3,516,831 and rental value of £10,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,114,908 and a rental value of £9,015 per month.
If you were able to purchase this property for the estimated value of £3,349,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £16,461 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, 7, Stradbroke Drive, Chigwell sits on a plot of 1397m2.
We have plot size data on 5 out of 14 other houses in the postcode and 7, Stradbroke Drive, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 7, Stradbroke Drive, Chigwell was last sold on 30 Jul 2007 for £1,512,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 91.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Stradbroke Drive, Chigwell within a radius of 730 metres over the last 2 years.
The most recent example is 27, Tomswood Road, Chigwell, IG7 5QP, a Freehold house which sold for £650,000 in Sep 2013.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stradbroke Drive, Chigwell, IG7 has a total of 61 addresses. According to our analysis of all the public data, 7, Stradbroke Drive, Chigwell is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £2.681m more expensive than the average property in IG7.
7, Stradbroke Drive, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Stradbroke Drive, Chigwell is Chigwell station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Stradbroke Drive, Chigwell, 45.1% of property is privately owned with a mortgage and 44.3% is privately owned outright.
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 7, Stradbroke Drive, Chigwell, 24.1% 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 7, Stradbroke 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 7, Stradbroke Drive, Chigwell, 0.9% 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 7, Stradbroke Drive, Chigwell, there are an average of 2.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.