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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Poppy Way, Chigwell is a modern freehold house with 1,829 ft2 of internal area and sits on a 325 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, Poppy Way, Chigwell is £839,748 and the estimated rental value is £3,363 per month.
Poppy Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
2, Poppy Way, Chigwell has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated September 2020.
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, Poppy Way, Chigwell is in very good condition we estimate a sale value of £881,735 and a rental value of £3,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £780,966 and a rental value of £3,128 per month.
Over the last 12 months the sale value of 2 Poppy Way Chigwell has decreased by an estimated £22,593 (2.7%) and its rental value has increased by an estimated £114 per month (3.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 2, Poppy Way, Chigwell sits on a plot of 325m2.
We have plot size data on 6 out of 7 other houses in the postcode and 2, Poppy Way, Chigwell sits on the 5th largest plot.
2, Poppy Way, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2020.
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, Poppy Way, Chigwell was last sold on 27th November 2020 for £795,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Poppy Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 8, Mountain Ash Close, Chigwell, IG7 4HX, a freehold house which sold for £740,000 on the 11th May 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Poppy Way, Chigwell, IG7 has a total of 7 addresses. According to our analysis of all the public data, 2, Poppy Way, Chigwell is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.2 kilometres away. The nearest train station is Grange Hill which is 3.6 kilometres away.
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