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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, Martinsfield Close, Chigwell is a modern freehold house with 1,844 ft2 of internal area and sits on a 362 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, Martinsfield Close, Chigwell is £946,464 and the estimated rental value is £3,071 per month.
Martinsfield Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
1, Martinsfield Close, Chigwell has a single entry in the Land Registry from February 2011 and a single entry in the EPC database dated September 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Martinsfield Close, Chigwell is in very good condition we estimate a sale value of £993,787 and a rental value of £3,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £880,211 and a rental value of £2,856 per month.
Over the last 12 months the sale value of 1 Martinsfield Close Chigwell has decreased by an estimated £25,464 (2.7%) and its rental value has increased by an estimated £104 per month (3.4%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 1, Martinsfield Close, Chigwell sits on a plot of 362m2.
We have plot size data on 11 out of 11 other houses in the postcode and 1, Martinsfield Close, Chigwell sits on the 9th largest plot.
1, Martinsfield Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Martinsfield Close, Chigwell was last sold on 11th February 2011 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2011, the market for similar properties has risen 71.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Martinsfield Close, Chigwell within a radius of 670 metres over the last 2 years.
The most recent example is 3, High Elms, Chigwell, IG7 6NF, a freehold house which sold for £780,000 on the 20th November 2020.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martinsfield Close, Chigwell, IG7 has a total of 11 addresses. According to our analysis of all the public data, 1, Martinsfield Close, Chigwell is the 10th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £311k more expensive than the average property in IG7.
The nearest school is Manford Primary School which is 500 metres away. The nearest train station is Grange Hill which is 500 metres away.
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