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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Faversham Close is a residential street with 15 addresses.
It ranks as the 80th largest and 109th most expensive of the 227 streets in the IG7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 15 properties: 12 houses and 3 flats.
Faversham Close is a residential street with 15 addresses.
It ranks as the 80th largest and 109th most expensive of the 227 streets in the IG7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 15 properties: 12 houses and 3 flats.
Sale prices range from £297,563 for 2 bedroom Leasehold flats (581 ft2) to £622,085 for 4 bedroom freehold houses with a garden (1,315 ft2) .
Monthly rental prices range from £1,569 pcm for 2 bed flats to £2,591 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 6.3%.
The average value per square foot is £530.
The last sale on Faversham Close sold for £463,000 on 11th June 2021. Since then prices are up an average of 7.5%.
The current average value in the street is £479,875.
The Faversham Close Sales Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £479,875 |
| April 2025 | 3.7% | £483,266 |
| April 2024 | -2.3% | £466,157 |
| April 2023 | 1.2% | £477,236 |
| April 2022 | 6.4% | £471,712 |
| April 2021 | 5% | £443,384 |
| April 2020 | 0.2% | £422,147 |
| April 2019 | 1.3% | £421,363 |
| April 2018 | 1.2% | £416,116 |
| April 2017 | 5.8% | £411,229 |
| April 2016 | 10.5% | £388,654 |
| April 2015 | 10% | £351,852 |
| April 2014 | 10.5% | £319,897 |
| April 2013 | 5.9% | £289,438 |
| April 2012 | 0% | £273,304 |
| April 2011 | -0.1% | £273,219 |
| April 2010 | 5.4% | £273,586 |
| April 2009 | -4% | £259,512 |
| April 2008 | 6.1% | £270,360 |
| April 2007 | 0% | £254,759 |
The current average rental value in the street is £2,132.
The Faversham Close Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £2,132pcm |
| April 2025 | 2.3% | £2,073pcm |
| April 2024 | 8.8% | £2,027pcm |
| April 2023 | 12.1% | £1,862pcm |
| April 2022 | 4.7% | £1,661pcm |
| April 2021 | 2.9% | £1,586pcm |
| April 2020 | 2.1% | £1,541pcm |
| April 2019 | 1.3% | £1,510pcm |
| April 2018 | -2.4% | £1,491pcm |
| April 2017 | 0.9% | £1,528pcm |
| April 2016 | 2.9% | £1,515pcm |
| April 2015 | 4.5% | £1,473pcm |
| April 2014 | 11.9% | £1,410pcm |
| April 2013 | 1.4% | £1,260pcm |
| April 2012 | 8.8% | £1,243pcm |
| April 2011 | 4.3% | £1,142pcm |
| April 2010 | 3% | £1,096pcm |
| April 2009 | -4.4% | £1,064pcm |
| April 2008 | 7% | £1,113pcm |
| April 2007 | 0% | £1,040pcm |
The last sale was on 11th June 2021 for £463,000 and since then the market in the area has increased by 7.5%. The street has had a total of 15 sales since 1995.
Faversham Close, Chigwell, IG7 has seen no sales in the last three years and no sales in the last twelve months.
Faversham Close, Chigwell, IG7 is the 80th largest and the 109th most expensive street in the IG7 area.
There is 1 postcode on Faversham Close, Chigwell, IG7.
The closest station to Faversham Close, Chigwell, IG7 is Grange Hill station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Faversham Close, Chigwell, IG7, 36.4% of property is privately owned with a mortgage and 24.6% is socially rented.
The graph below shows how this compares to East of England 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 Faversham Close, Chigwell, IG7, 22.7% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Faversham Close, Chigwell, IG7, the average age was 42.3 and the most common age was 57.
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 Faversham Close, Chigwell, IG7, 1.1% 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 Faversham Close, Chigwell, IG7, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
