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According to the public record, 3, New Barns Way, Chigwell is a mid-century freehold house with 1,743 ft2 of internal area and sits on a 572 m2 plot.
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 3, New Barns Way, Chigwell is £984,581 and the estimated rental value is £2,725 per month.
New Barns Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
3, New Barns Way, Chigwell has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated August 2010.
We combine this information with that 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.
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 3, New Barns Way, Chigwell is in very good condition we estimate a sale value of £1,033,810 and a rental value of £2,861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £915,660 and a rental value of £2,534 per month.
Over the last 12 months the sale value of 3 New Barns Way Chigwell has decreased by an estimated £26,489 (2.7%) and its rental value has increased by an estimated £92 per month (3.4%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 3, New Barns Way, Chigwell sits on a plot of 572m2.
We have plot size data on 6 out of 6 other houses in the postcode and 3, New Barns Way, Chigwell sits on the 2nd largest plot.
3, New Barns Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2010.
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, 3, New Barns Way, Chigwell was last sold on 23rd September 2011 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2011, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, New Barns Way, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 46A, Dickens Rise, Chigwell, IG7 6NY, a freehold house which sold for £852,500 on the 17th October 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Barns Way, Chigwell, IG7 has a total of 6 addresses. According to our analysis of all the public data, 3, New Barns Way, Chigwell is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £349k more expensive than the average property in IG7.
The nearest school is West Hatch High School which is 900 metres away. The nearest train station is Chigwell which is 100 metres away.
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