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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 216, Brocket Way, Chigwell is £435,956 and the estimated rental value is £2,666 per month.
Brocket Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
216, Brocket Way, Chigwell has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property 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 216, Brocket Way, Chigwell is in very good condition we estimate a sale value of £457,754 and a rental value of £2,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,439 and a rental value of £2,479 per month.
Over the last 12 months the sale value of 216 Brocket Way Chigwell has decreased by an estimated £10,533 (2.4%) and its rental value has increased by an estimated £87 per month (3.3%), giving an expected gross yield of 7.3%.
According to data from HM Land Registry, 216, Brocket Way, Chigwell sits on a plot of 239m2.
We have plot size data on 24 out of 30 other houses in the postcode and 216, Brocket Way, Chigwell sits on the 18th largest plot.
216, Brocket Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 216, Brocket Way, Chigwell was last sold on 26th September 2018 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2018, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 216, Brocket Way, Chigwell within a radius of 570 metres over the last 2 years.
The most recent example is 192, Brocket Way, Chigwell, IG7 4LS, a freehold house which sold for £460,000 on the 24th July 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brocket Way, Chigwell, IG7 has a total of 307 addresses. According to our analysis of all the public data, 216, Brocket Way, Chigwell is the 211th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in IG7.
The nearest school is Coppice Primary School which is 300 metres away. The nearest train station is Grange Hill which is 1.2 kilometres away.
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