2 Stanway House, Chigwell
2 Stanway House, Chigwell
Description & Estimates
2 Stanway House, Chigwell is described in the public record as a modern apartment with 925 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 Stanway House, Chigwell is £303,070 and its rental estimate is £1,759 per month, given the available information and assuming reasonable condition.
Stanway House, Stanway Close is a residential building on Stanway Close, Chigwell, IG7 and falls within the IG7 postal district and the borough of Redbridge.
Our Data Sources
2 Stanway House, Chigwell has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Stanway House, Chigwell, we estimate a market value of £318,223 and a rental value of £1,847 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £281,855 and £1,636 per month respectively.
Recent Market Change
Over the last year, 2 Stanway House, Chigwell has seen its estimated sale value move down by £6,443 (2.1%) and its estimated rental value increase by £60 per month (3.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
2 Stanway House, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Stanway House, Chigwell have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 19, Robinia Close, Ilford, IG6 3AJ, a leasehold flat which sold for £315,000.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 23 addresses on Stanway Close, Chigwell, IG7, 2 Stanway House, Chigwell comes out as the 7th largest and the 19th most expensive in our analysis of the public data.
It is also £333k less expensive than the average property across the IG7 district.
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Schools Nearby
- 200mManford Primary School
- 800mLimes Farm Junior School
- 800mLimes Farm Infant School and Nursery
- 1.2kmForest Academy
- 2.0kmKing Solomon High School
- 2.4kmWest Hatch High School
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Public Transport Nearby
From 2 Stanway House, Chigwell, the nearest station is Grange Hill, 500 metres away.
- 500mGrange Hill
- 800mHainault
- 1.7kmFairlop
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
