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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 20, Brook Way, Chigwell is £1,233,389 and the estimated rental value is £3,661 per month.
Brook Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
20, Brook Way, Chigwell has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated January 2022.
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 20, Brook Way, Chigwell is in very good condition we estimate a sale value of £1,295,059 and a rental value of £3,844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,147,052 and a rental value of £3,404 per month.
Over the last 12 months the sale value of 20 Brook Way Chigwell has increased by an estimated £8,445 (0.7%) and its rental value has increased by an estimated £107 per month (2.9%), giving an expected gross yield of 3.6%.
20, Brook Way, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 20, Brook Way, Chigwell was last sold on 5th August 2022 for £1,270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 29.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Brook Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 22, Brook Way, Chigwell, IG7 6AW, a freehold house which sold for £1,215,000 on the 28th January 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Way, Chigwell, IG7 has a total of 28 addresses. According to our analysis of all the public data, 20, Brook Way, Chigwell is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £592k more expensive than the average property in IG7.
The nearest school is West Hatch High School which is 1.0 kilometres away. The nearest train station is Chigwell which is 300 metres away.
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