According to the public record, 721, Copperfield, Chigwell is a mid-century freehold house with 807 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Copperfield, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
721, Copperfield, Chigwell has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated February 2022.
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 721 Copperfield Chigwell as £439,533 and the rental value as £2,323 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 721 Copperfield Chigwell has increased by £15,519 (3.5%) and its rental value has increased by £133 per month (5.7%).
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 721, Copperfield, Chigwell is in very good condition we estimate a sale value of £461,510 and rental value of £2,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,766 and a rental value of £2,160 per month.
If you were able to purchase this property for the estimated value of £439,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,160 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, 721, Copperfield, Chigwell sits on a plot of 130m2.
We have plot size data on 6 out of 7 other houses in the postcode and 721, Copperfield, Chigwell sits on the 5th largest plot.
According to HM Land Registry, 721, Copperfield, Chigwell was last sold on 17 Aug 2022 for £436,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 721, Copperfield, Chigwell within a radius of 490 metres over the last 2 years.
The most recent example is 10, View Close, Chigwell, IG7 5JU, a Freehold house which sold for £435,000 in May 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Copperfield, Chigwell, IG7 has a total of 422 addresses. According to our analysis of all the public data, 721, Copperfield, Chigwell is the 177th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in IG7.
721, Copperfield, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 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 721, Copperfield, 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 721, Copperfield, Chigwell, 47.3% of property is privately owned with a mortgage and 27.9% 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 721, Copperfield, Chigwell, 22.8% 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 721, Copperfield, 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 721, Copperfield, Chigwell, 1.0% 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 721, Copperfield, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.