According to the public record, 8, Chestnut Drive, London is a early-century freehold house with 1,732 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Chestnut Drive, London, E11 is located in the borough of Redbridge within the E11 postal district.
8, Chestnut Drive, London has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated August 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 8 Chestnut Drive London as £1,112,599 and the rental value as £3,996 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Chestnut Drive London has increased by £32,939 (3.0%) and its rental value has increased by £169 per month (4.2%).
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 8, Chestnut Drive, London is in very good condition we estimate a sale value of £1,168,229 and rental value of £4,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,034,717 and a rental value of £3,717 per month.
If you were able to purchase this property for the estimated value of £1,112,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,468 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, 8, Chestnut Drive, London sits on a plot of 272m2.
We have plot size data on 23 out of 38 other houses in the postcode and 8, Chestnut Drive, London sits on the 6th largest plot.
According to HM Land Registry, 8, Chestnut Drive, London was last sold on 02 Feb 2021 for £1,148,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chestnut Drive, London within a radius of 540 metres over the last 2 years.
The most recent example is 18, Chestnut Drive, London, E11 2TA, a Freehold house which sold for £947,500 in Mar 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Drive, London, E11 has a total of 41 addresses. According to our analysis of all the public data, 8, Chestnut Drive, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £497k more expensive than the average property in E11.
8, Chestnut Drive, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8, Chestnut Drive, London is Wanstead station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Chestnut Drive, London, 49.6% of property is privately owned with a mortgage and 35.3% 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 8, Chestnut Drive, London, 19.2% of residents are recorded as possessing school level qualifications and 61.5% 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 8, Chestnut Drive, London, the average age was 41.5 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 8, Chestnut Drive, London, 1.2% 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 8, Chestnut Drive, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.