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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 16, Stanway Close, Chigwell is £435,752 and the estimated rental value is £2,173 per month.
Stanway Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
16, Stanway Close, Chigwell has 31 entries in the Land Registry , most recently in February 2009 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 16, Stanway Close, Chigwell is in very good condition we estimate a sale value of £457,540 and a rental value of £2,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,250 and a rental value of £2,021 per month.
Over the last 12 months the sale value of 16 Stanway Close Chigwell has decreased by an estimated £3,827 (0.9%) and its rental value has increased by an estimated £66 per month (3.0%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 16, Stanway Close, Chigwell sits on a plot of 110m2.
We have plot size data on 13 out of 17 other houses in the postcode and 16, Stanway Close, Chigwell sits on the 2nd largest plot.
16, Stanway Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2019.
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, 16, Stanway Close, Chigwell was last sold on 9th February 2009 for £174,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2009, the market for similar properties has risen 117.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Stanway Close, Chigwell within a radius of 490 metres over the last 2 years.
The most recent example is 19, Bramshill Close, Chigwell, IG7 4BU, a freehold house which sold for £417,000 on the 5th August 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanway Close, Chigwell, IG7 has a total of 23 addresses. According to our analysis of all the public data, 16, Stanway Close, Chigwell is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 213 metres away. The nearest train station is Grange Hill which is 500 metres away.
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