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According to the public record, 47, Long Green, Chigwell is a mid-century apartment with 775 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 47, Long Green, Chigwell is £306,753 and the estimated rental value is £1,713 per month.
Long Green, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
47, Long Green, Chigwell has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 47, Long Green, Chigwell is in very good condition we estimate a sale value of £322,091 and a rental value of £1,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,280 and a rental value of £1,593 per month.
Over the last 12 months the sale value of 47 Long Green Chigwell has increased by an estimated £1,216 (0.4%) and its rental value has increased by an estimated £71 per month (4.2%), giving an expected gross yield of 6.7%.
47, Long Green, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 47, Long Green, Chigwell was last sold on 25th July 1997 for £47,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Long Green, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 82, Long Green, Chigwell, IG7 4JD, a leasehold flat which sold for £290,000 on the 21st December 2023.
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, 47, Long Green, Chigwell is the 86th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £335k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 385 metres away. The nearest train station is Grange Hill which is 400 metres away.
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