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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
According to the public record, 24, Shrublands Close, Chigwell is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 795 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Shrublands Close, Chigwell is £375,156 and the estimated rental value is £1,783 per month.
Shrublands Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
24, Shrublands Close, Chigwell has 2 entries in the Land Registry , most recently in June 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 24, Shrublands Close, Chigwell is in very good condition we estimate a sale value of £393,913 and a rental value of £1,872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,895 and a rental value of £1,658 per month.
Over the last 12 months the sale value of 24 Shrublands Close Chigwell has increased by an estimated £1,487 (0.4%) and its rental value has increased by an estimated £74 per month (4.2%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 24, Shrublands Close, Chigwell was last sold on 6th June 2011 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2011, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Shrublands Close, Chigwell within a radius of 570 metres over the last 2 years.
The most recent example is 41, Shrublands Close, Chigwell, IG7 5EA, a leasehold flat which sold for £340,000 on the 22nd March 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shrublands Close, Chigwell, IG7 has a total of 52 addresses. According to our analysis of all the public data, 24, Shrublands Close, Chigwell is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 409 metres away. The nearest train station is Hainault which is 900 metres away.
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