3, Oakdown House
3, Oakdown House
Description & Estimates
The public record describes 3, Oakdown House, Chigwell as a mid-century apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Oakdown House, Chigwell has an estimated sale value of £211,292 and an estimated rental value of £1,334 per month, assuming reasonable condition and based on the information available.
The apartment sits within Oakdown House, Manford Way, Chigwell, IG7.
Manford Way, Chigwell, IG7 lies in the borough of Redbridge, within the IG7 postal district.
Our Data Sources
3, Oakdown House, Chigwell has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 3, Oakdown House, Chigwell would be worth £221,856, with a potential rental value of £1,401 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £196,501, with a rental value of £1,241 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 3, Oakdown House, Chigwell has decreased by £4,492 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £46 (3.4%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
3, Oakdown House, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 3, Oakdown House, Chigwell across the last 2 years.
Most recently, 31, Covert Road, Ilford, IG6 3AZ, a leasehold flat, sold at £220,000 on the 10th March 2023.
Read more about house prices in IG7.
•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 3, Oakdown House, Chigwell as the 397th largest and the 529th most expensive of the 564 addresses on Manford Way, Chigwell, IG7.
Against the IG7 postcode district average, it is £424k less expensive than the typical property.
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Schools Nearby
- 300mManford Primary School
- 400mJohn Bramston Primary School
- 700mCoppice Primary School
- 700mForest Academy
- 2.0kmKing Solomon High School
- 2.6kmIlford County High School
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Public Transport Nearby
Hainault station is the nearest stop to 3, Oakdown House, Chigwell at 900 metres away.
- 900mHainault
- 1.0kmGrange Hill
- 1.7kmFairlop
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
