1, Poppy Way
1, Poppy Way
Description & Estimates
According to the public record, 1, Poppy Way, Chigwell is a modern freehold house with 1,227 ft2 of internal area and sits on a 232 m2 plot.
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, Poppy Way, Chigwell is £670,967 and the estimated rental value is £3,068 per month.
Poppy Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
Our Data Sources
1, Poppy Way, Chigwell has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated August 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.
Price Range & Condition
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, Poppy Way, Chigwell is in very good condition we estimate a sale value of £704,515 and a rental value of £3,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £623,999 and a rental value of £2,853 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Poppy Way, Chigwell has dropped by £16,211 (2.4%), while its estimated rental value has risen by £100 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 1, Poppy Way, Chigwell sits on a plot of 232 m2.
We have plot size data on 6 out of 7 other houses in the postcode and 1, Poppy Way, Chigwell sits on the 6th largest plot.
Energy Efficiency
1, Poppy Way, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Poppy Way, Chigwell was last sold on 16th November 2020 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen by 2.8%.
- Sold Nov 2020£625,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Poppy Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 88, Five Oaks Lane, Chigwell, IG7 4FH, a freehold house which sold for £620,000 on the 30th October 2020.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Poppy Way, Chigwell, IG7 has a total of 7 addresses. According to our analysis of all the public data, 1, Poppy Way, Chigwell is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in IG7.
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Schools Nearby
- 1.2kmOasis Academy Pinewood
- 1.7kmClockhouse Primary School
- 2.0kmSt Patrick's Catholic Primary School
- 2.0kmForest Academy
- 2.6kmBower Park Academy
- 3.6kmMarshalls Park Academy
More reading links
Public Transport Nearby
The closest station to 1, Poppy Way, Chigwell is Grange Hill station, which is 3.6 kilometres away.
- 3.6kmGrange Hill
- 3.6kmHainault
- 4.1kmFairlop
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
