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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 2, Ketts Place, Chigwell is £464,496 and the estimated rental value is £2,008 per month.
Ketts Place, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
2, Ketts Place, Chigwell has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated December 2016.
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.
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, Ketts Place, Chigwell is in very good condition we estimate a sale value of £487,721 and a rental value of £2,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,981 and a rental value of £1,867 per month.
Over the last 12 months the sale value of 2 Ketts Place Chigwell has decreased by an estimated £4,079 (0.9%) and its rental value has increased by an estimated £61 per month (3.0%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 2, Ketts Place, Chigwell sits on a plot of 139m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Ketts Place, Chigwell sits on the 5th largest plot.
2, Ketts Place, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Dec 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Ketts Place, Chigwell was last sold on 15th December 2021 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ketts Place, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 15, Five Oaks Lane, Chigwell, IG7 4FJ, a freehold house which sold for £435,000 on the 30th November 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ketts Place, Chigwell, IG7 has a total of 5 addresses. According to our analysis of all the public data, 2, Ketts Place, Chigwell is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.7 kilometres away. The nearest train station is Hainault which is 3.2 kilometres away.
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