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According to the public record, 4, Cedar Park, Chigwell is a modern leasehold apartment with 1,614 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Cedar Park, Chigwell is £989,120 and the estimated rental value is £3,104 per month.
Cedar Park, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
4, Cedar Park, Chigwell has 31 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated August 2011.
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 4, Cedar Park, Chigwell is in very good condition we estimate a sale value of £1,038,577 and a rental value of £3,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £919,882 and a rental value of £2,886 per month.
Over the last 12 months the sale value of 4 Cedar Park Chigwell has decreased by an estimated £34,693 (3.5%) and its rental value has increased by an estimated £66 per month (2.1%), giving an expected gross yield of 3.8%.
4, Cedar Park, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Cedar Park, Chigwell was last sold on 31st May 2012 for £725,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2012, the market for similar properties has risen 46.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cedar Park, Chigwell within a radius of 960 metres over the last 2 years.
The most recent example is 5, Cedar Park, Chigwell, IG7 5AL, a leasehold flat which sold for £685,000 on the 30th June 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Park, Chigwell, IG7 has a total of 12 addresses. According to our analysis of all the public data, 4, Cedar Park, Chigwell is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £353k more expensive than the average property in IG7.
The nearest school is West Hatch High School which is 100 metres away. The nearest train station is Chigwell which is 800 metres away.
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