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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Ketts Place, Chigwell is £594,808 and the estimated rental value is £2,435 per month.
Ketts Place, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
1, Ketts Place, Chigwell has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Ketts Place, Chigwell is in very good condition we estimate a sale value of £624,548 and a rental value of £2,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,171 and a rental value of £2,264 per month.
Over the last 12 months the sale value of 1 Ketts Place Chigwell has decreased by an estimated £5,224 (0.9%) and its rental value has increased by an estimated £74 per month (3.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 1, Ketts Place, Chigwell sits on a plot of 197m2.
We have plot size data on 5 out of 5 other houses in the postcode and 1, Ketts Place, Chigwell sits on the 2nd largest plot.
1, Ketts Place, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2022.
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, Ketts Place, Chigwell was last sold on 24th March 2022 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Ketts Place, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 10, Five Oaks Lane, Chigwell, IG7 4FH, a freehold house which sold for £525,000 on the 31st July 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ketts Place, Chigwell, IG7 has a total of 5 addresses. According to our analysis of all the public data, 1, Ketts Place, Chigwell is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.7 kilometres away. The nearest train station is Hainault which is 3.2 kilometres away.
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