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By comparing it to neighbours, we estimate that it is a mid-century house with 1,592 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Orchard Way, Chigwell is £667,466 and the estimated rental value is £2,810 per month.
Orchard Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2, Orchard Way, Chigwell has 31 entries in the Land Registry , most recently in December 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, Orchard Way, Chigwell is in very good condition we estimate a sale value of £700,839 and a rental value of £2,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £620,743 and a rental value of £2,614 per month.
Over the last 12 months the sale value of 2 Orchard Way Chigwell has increased by an estimated £4,570 (0.7%) and its rental value has increased by an estimated £82 per month (2.9%), giving an expected gross yield of 5.1%.
According to HM Land Registry, 2, Orchard Way, Chigwell was last sold on 10th December 2013 for £395,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2013, the market for similar properties has risen 57.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Orchard Way, Chigwell within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 1C, Orchard Way, Chigwell, IG7 6EE, a freehold house which sold for £625,000 on the 4th June 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Way, Chigwell, IG7 has a total of 25 addresses. According to our analysis of all the public data, 2, Orchard Way, Chigwell is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in IG7.
The nearest school is Chigwell Row Infant School which is 604 metres away. The nearest train station is Grange Hill which is 1.7 kilometres away.
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