245, Manford Way
245, Manford Way
Description & Estimates
The public record lists 245, Manford Way, Chigwell as a Leasehold apartment.
Comparison with its neighbours suggests a mid-century apartment with 776 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
245, Manford Way, Chigwell has an estimated sale value of £283,583 and an estimated rental value of £1,713 per month, assuming reasonable condition and based on the information available.
Manford Way, Chigwell, IG7 lies in the borough of Redbridge, within the IG7 postal district.
Our Data Sources
245, Manford Way, Chigwell has a single entry in the Land Registry from October 2007 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 245, Manford Way, Chigwell would be worth £297,762, with a potential rental value of £1,798 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,732, with a rental value of £1,593 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 245, Manford Way, Chigwell has moved down by £6,029 (2.1%) over the last year. During the same period, its estimated monthly rental value has increased by £59 (3.4%). The property's estimated gross yield is currently 7.2%.
Sold Prices
245, Manford Way, Chigwell last changed hands on 31st October 2007, selling for £200,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 57.8% since October 2007.
- Sold Oct 2007£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 245, Manford Way, Chigwell across the last 2 years.
Most recently, 23, Manford Court, Manford Way, Chigwell, IG7 4DP, a leasehold flat, sold at £250,000 on the 13th February 2025.
Read more about house prices in IG7.
- Sold Feb 2025£250,000 | 2 Bed Flat23, Manford Court, Manford Way, Chigwell, IG7 4DP23, Manford Court, Manford Way, Chigwell, IG7 4DP
- Sold Mar 2016£225,000 | 2 Bed Flat29, Manford Court, Manford Way, Chigwell, IG7 4DP29, Manford Court, Manford Way, Chigwell, IG7 4DP
- Sold Apr 2014£160,000 | 2 Bed Flat2 Manford Court, Manford Way, Chigwell, IG7 4DW2 Manford Court, Manford Way, Chigwell, IG7 4DW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 245, Manford Way, Chigwell as the 291st largest and the 375th most expensive of the 564 addresses on Manford Way, Chigwell, IG7.
Against the IG7 postcode district average, it is £352k less expensive than the typical property.
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Schools Nearby
- 400mJohn Bramston Primary School
- 500mCoppice Primary School
- 600mManford Primary School
- 400mForest Academy
- 2.3kmKing Solomon High School
- 2.9kmIlford County High School
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Public Transport Nearby
Hainault station is the nearest stop to 245, Manford Way, Chigwell at 1.2 kilometres away.
- 1.2kmHainault
- 1.3kmGrange Hill
- 1.9kmFairlop
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
