According to the public record, 15A, Stradbroke Drive, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,841 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Stradbroke Drive, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
15A, Stradbroke Drive, Chigwell has a single entry in the Land Registry database from August 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15A Stradbroke Drive Chigwell as £1,180,107 and the rental value as £3,670 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 15A Stradbroke Drive Chigwell has increased by £20,316 (1.7%) and its rental value has increased by £115 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 15A, Stradbroke Drive, Chigwell is in very good condition we estimate a sale value of £1,239,112 and rental value of £3,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,097,500 and a rental value of £3,413 per month.
If you were able to purchase this property for the estimated value of £1,180,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,800 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 HM Land Registry, 15A, Stradbroke Drive, Chigwell was last sold on 18 Aug 2023 for £1,699,999 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15A, Stradbroke Drive, Chigwell within a radius of 720 metres over the last 2 years.
The most recent example is 15, Stradbroke Drive, Chigwell, IG7 5QU, a Freehold house which sold for £1,850,000 in Aug 2023.
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, 15A, Stradbroke Drive, Chigwell is the 60th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £512k more expensive than the average property in IG7.
The closest station to 15A, 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 15A, 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 15A, 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 15A, 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 15A, 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 15A, 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.