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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Sycamore Place, Chigwell is £426,965 and the estimated rental value is £1,806 per month.
Sycamore Place, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
3, Sycamore Place, Chigwell has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Sycamore Place, Chigwell is in very good condition we estimate a sale value of £448,313 and a rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,077 and a rental value of £1,680 per month.
Over the last 12 months the sale value of 3 Sycamore Place Chigwell has increased by an estimated £1,692 (0.4%) and its rental value has increased by an estimated £75 per month (4.2%), giving an expected gross yield of 5.1%.
3, Sycamore Place, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Sycamore Place, Chigwell was last sold on 28th September 2022 for £127,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Sycamore Place, Chigwell within a radius of 650 metres over the last 2 years.
The most recent example is 9, Sycamore Place, Chigwell, IG7 4BJ, a leasehold flat which sold for £440,000 on the 8th August 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sycamore Place, Chigwell, IG7 has a total of 17 addresses. According to our analysis of all the public data, 3, Sycamore Place, Chigwell is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 739 metres away. The nearest train station is Grange Hill which is 100 metres away.
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