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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
12, Manford Way, Chigwell is recorded publicly as an early-century freehold house across 1,227 ft2 of internal area, sitting on a 326 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Manford Way, Chigwell is £548,998 and its rental estimate is £2,985 per month, given the available information and assuming reasonable condition.
Manford Way, Chigwell, IG7 falls within the IG7 postal district, in the borough of Redbridge.
12, Manford Way, Chigwell has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated August 2013.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Manford Way, Chigwell, we estimate a market value of £576,448 and a rental value of £3,134 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £510,568 and £2,776 per month respectively.
Over the last year, 12, Manford Way, Chigwell has seen its estimated sale value decrease by £13,264 (2.4%) and its estimated rental value grow by £97 per month (3.3%). This results in an estimated gross rental yield of 6.5%.
HM Land Registry records the plot of land for 12, Manford Way, Chigwell as measuring 326 m2.
That makes it the 27th largest plot in the postcode, where 33 of the 34 other houses have recorded plot data.
12, Manford Way, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12, Manford Way, Chigwell completed on 5th November 2013 at £337,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 57.9% over the period since November 2013.
Over the past 2 years 3 properties similar to 12, Manford Way, Chigwell have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was 9, Manford Way, Chigwell, IG7 4JH, a freehold house which sold for £555,000.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 564 addresses on Manford Way, Chigwell, IG7, 12, Manford Way, Chigwell comes out as the 28th largest and the 38th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the IG7 district.
From 12, Manford Way, Chigwell, the nearest station is Grange Hill, 300 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Manford Way, Chigwell, 38.5% of property is privately owned with a mortgage and 24.6% is privately rented.
The graph below shows how this compares to Greater London 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 12, Manford Way, Chigwell, 19.7% of residents are recorded as possessing school level qualifications and 36.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Manford Way, Chigwell, the average age was 36.6 and the most common age was 37.
The graph below shows how this compares to Greater London 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 12, Manford Way, Chigwell, 0.0% of property was a second home.
Comparison figures for Greater London 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 12, Manford Way, Chigwell, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
