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Dacre Close, Chigwell, IG7

London

£875,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1070 sqft

Description

This 3-bedroom detached house presents an excellent opportunity for renovation and extension, situated in a desirable cul-de-sac in the heart of Woodford Green. The property features a welcoming entrance hallway that leads into a spacious through lounge and a sizeable kitchen/diner with direct access to a well-maintained private garden—ideal for outdoor improvements or landscaping. The first floor comprises three well-proportioned bedrooms along with a family bathroom equipped with essential amenities. A detached garage and a driveway provide convenient off-street parking. Located within close proximity to Grange Hill and Chigwell Underground Stations, the property boasts easy access to central London as well as being near local schools and amenities, making it an attractive proposition for families looking to invest in a space they can personalize over time.

Investment Analysis

(IG7 area)

Above Market Value

This property is priced +57.4% above area average per sq ft

+57.4%
This Property
£818/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£609
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£611,393
10% above area average per sq ft
Potential ROI
-33.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IG7)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.7%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on IG7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Dacre Close, Chigwell, IG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,099
Based on a loan of £656,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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