4, Gravel Close
4, Gravel Close
Description & Estimates
4, Gravel Close, Chigwell is recorded publicly as an early-century freehold house across 1,517 ft2 of internal area, sitting on a 413 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Gravel Close, Chigwell is £620,845 and its rental estimate is £3,193 per month, given the available information and assuming reasonable condition.
Gravel Close, Chigwell, IG7 falls within the IG7 postal district, in the borough of Epping Forest.
Our Data Sources
4, Gravel Close, Chigwell has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Gravel Close, Chigwell, we estimate a market value of £651,887 and a rental value of £3,353 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £577,386 and £2,970 per month respectively.
Recent Market Change
Over the last year, 4, Gravel Close, Chigwell has seen its estimated sale value drop by £16,703 (2.7%) and its estimated rental value rise by £108 per month (3.4%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 4, Gravel Close, Chigwell as measuring 413 m2.
That makes it the 4th largest plot in the postcode, where 7 of the 13 other houses have recorded plot data.
Energy Efficiency
4, Gravel Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Gravel Close, Chigwell completed on 24th September 2020 at £620,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 9.4% over the period since September 2020.
- Sold Sep 2020£620,000
- Sold May 2016£380,000
- Sold Apr 1997£86,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Gravel Close, Chigwell have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 1, Gravel Close, Chigwell, IG7 6BZ, a freehold house which sold for £575,000.
Read more about house prices in IG7.
- Sold Sep 2024£575,000 | 4 Bed House1, Gravel Close, Chigwell, IG7 6BZ1, Gravel Close, Chigwell, IG7 6BZ
- Sold Jun 2021£625,000 | 4 Bed House1C, Orchard Way, Chigwell, IG7 6EE1C, Orchard Way, Chigwell, IG7 6EE
- Sold Sep 2019£300,000 | 4 Bed House12, Orchard Way, Chigwell, IG7 6EE12, Orchard Way, Chigwell, IG7 6EE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Gravel Close, Chigwell, IG7, 4, Gravel Close, Chigwell comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the IG7 district.
More reading links
Schools Nearby
- 700mChigwell Row Infant School
- 1.1kmCoppice Primary School
- 1.6kmManford Primary School
- 1.5kmForest Academy
- 3.6kmWest Hatch High School
- 3.6kmKing Solomon High School
More reading links
Public Transport Nearby
From 4, Gravel Close, Chigwell, the nearest station is Grange Hill, 1.7 kilometres away.
- 1.7kmGrange Hill
- 2.4kmHainault
- 2.7kmChigwell
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
