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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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According to the public record, 1, Firethorn Way, Chigwell is a modern freehold house with 1,829 ft2 of internal area and sits on a 298 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Firethorn Way, Chigwell is £854,644 and the estimated rental value is £3,040 per month.
Firethorn Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
1, Firethorn Way, Chigwell has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Firethorn Way, Chigwell is in very good condition we estimate a sale value of £897,376 and a rental value of £3,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £794,818 and a rental value of £2,828 per month.
Over the last 12 months the sale value of 1 Firethorn Way Chigwell has increased by an estimated £5,852 (0.7%) and its rental value has increased by an estimated £89 per month (2.9%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 1, Firethorn Way, Chigwell sits on a plot of 298m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Firethorn Way, Chigwell sits on the 2nd largest plot.
1, Firethorn Way, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Firethorn Way, Chigwell was last sold on 30th October 2020 for £770,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Firethorn Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 8, Mountain Ash Close, Chigwell, IG7 4HX, a freehold house which sold for £740,000 on the 11th May 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Firethorn Way, Chigwell, IG7 has a total of 4 addresses. According to our analysis of all the public data, 1, Firethorn Way, Chigwell is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.2 kilometres away. The nearest train station is Hainault which is 3.6 kilometres away.
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