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According to the public record, 42, Long Green, Chigwell is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 926 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Long Green, Chigwell is £344,370 and the estimated rental value is £1,830 per month.
Long Green, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
42, Long Green, Chigwell has 31 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 42, Long Green, Chigwell is in very good condition we estimate a sale value of £361,588 and a rental value of £1,921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,264 and a rental value of £1,702 per month.
Over the last 12 months the sale value of 42 Long Green Chigwell has increased by an estimated £1,365 (0.4%) and its rental value has increased by an estimated £76 per month (4.2%), giving an expected gross yield of 6.4%.
According to HM Land Registry, 42, Long Green, Chigwell was last sold on 30th August 2007 for £200,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen 40.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Long Green, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 74, Long Green, Chigwell, IG7 4JD, a leasehold flat which sold for £305,000 on the 29th September 2017.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Green, Chigwell, IG7 has a total of 134 addresses. According to our analysis of all the public data, 42, Long Green, Chigwell is the 31st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £297k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 521 metres away. The nearest train station is Grange Hill which is 200 metres away.
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