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According to the public record, 2, Periwinkle Gardens, Chigwell is a modern freehold house with 1,367 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Periwinkle Gardens, Chigwell is £678,664 and the estimated rental value is £3,092 per month.
Periwinkle Gardens, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
2, Periwinkle Gardens, Chigwell has a single entry in the Land Registry from August 2019 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 2 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, Periwinkle Gardens, Chigwell is in very good condition we estimate a sale value of £712,597 and a rental value of £3,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £631,157 and a rental value of £2,875 per month.
Over the last 12 months the sale value of 2 Periwinkle Gardens Chigwell has decreased by an estimated £18,259 (2.7%) and its rental value has increased by an estimated £104 per month (3.4%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Periwinkle Gardens, Chigwell sits on a plot of 167m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Periwinkle Gardens, Chigwell sits on the 8th largest plot.
2, Periwinkle Gardens, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2019.
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, Periwinkle Gardens, Chigwell was last sold on 30th August 2019 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Periwinkle Gardens, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 79, Five Oaks Lane, Chigwell, IG7 4FJ, a freehold house which sold for £590,000 on the 31st July 2020.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Periwinkle Gardens, Chigwell, IG7 has a total of 21 addresses. According to our analysis of all the public data, 2, Periwinkle Gardens, Chigwell is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.3 kilometres away. The nearest train station is Hainault which is 3.5 kilometres away.
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