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According to the public record, 45, Shrublands Close, Chigwell is a mid-century leasehold apartment with 979 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 45, Shrublands Close, Chigwell is £420,375 and the estimated rental value is £1,893 per month.
Shrublands Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
45, Shrublands Close, Chigwell has a single entry in the Land Registry from December 2007 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 45, Shrublands Close, Chigwell is in very good condition we estimate a sale value of £441,393 and a rental value of £1,987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,948 and a rental value of £1,760 per month.
Over the last 12 months the sale value of 45 Shrublands Close Chigwell has increased by an estimated £1,666 (0.4%) and its rental value has increased by an estimated £79 per month (4.2%), giving an expected gross yield of 5.4%.
45, Shrublands Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 45, Shrublands Close, Chigwell was last sold on 13th December 2007 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2007, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Shrublands Close, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 324, Fencepiece Road, Ilford, IG6 2TE, a leasehold flat which sold for £280,000 on the 30th April 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shrublands Close, Chigwell, IG7 has a total of 52 addresses. According to our analysis of all the public data, 45, Shrublands Close, Chigwell is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 409 metres away. The nearest train station is Hainault which is 900 metres away.
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