2, Hazelwood Park Close
2, Hazelwood Park Close
Description & Estimates
According to the public record, 2, Hazelwood Park Close, Chigwell is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hazelwood Park Close, Chigwell is £215,711 and the estimated rental value is £1,275 per month.
Hazelwood Park Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
Our Data Sources
2, Hazelwood Park Close, Chigwell has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated July 2018.
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.
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 2, Hazelwood Park Close, Chigwell is in very good condition we estimate a sale value of £226,497 and a rental value of £1,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,611 and a rental value of £1,186 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Hazelwood Park Close, Chigwell has moved down by £4,586 (2.1%), while its estimated rental value has increased by £44 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
2, Hazelwood Park Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 2, Hazelwood Park Close, Chigwell was last sold on 22nd November 2021 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has dropped by 8.6%.
- Sold Nov 2021£190,000
- Sold Nov 1998£49,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hazelwood Park Close, Chigwell within a radius of 460 metres over the last 2 years.
The most recent example is Flat 6, Hazel Court 92, Manford Way, Chigwell, IG7 4JL, a leasehold flat which sold for £222,500 on the 6th October 2023.
Read more about house prices in IG7.
- Sold Oct 2023£222,500 | 2 Bed FlatFlat 6, Hazel Court 92, Manford Way, Chigwell, IG7 4JLFlat 6, Hazel Court 92, Manford Way, Chigwell, IG7 4JL
- Sold Nov 2021£215,000 | 2 Bed Flat6, Hazelwood Park Close, Chigwell, IG7 4JJ6, Hazelwood Park Close, Chigwell, IG7 4JJ
- Sold May 2021£215,000 | 2 Bed Flat10, Hazelwood Park Close, Chigwell, IG7 4JJ10, Hazelwood Park Close, Chigwell, IG7 4JJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Hazelwood Park Close, Chigwell, IG7 has a total of 58 addresses. According to our analysis of all the public data, 2, Hazelwood Park Close, Chigwell is the 57th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £420k less expensive than the average property in IG7.
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Schools Nearby
- 200mManford Primary School
- 700mLimes Farm Junior School
- 700mLimes Farm Infant School and Nursery
- 1.2kmForest Academy
- 1.8kmKing Solomon High School
- 2.3kmIlford County High School
More reading links
Public Transport Nearby
The closest station to 2, Hazelwood Park Close, Chigwell is Hainault station, which is 600 metres away.
- 600mHainault
- 700mGrange Hill
- 1.5kmFairlop
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
