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According to the public record, 5, Fernie Close, Chigwell is a mid-century freehold house with 979 ft2 of internal area and sits on a 188 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Fernie Close, Chigwell is £423,248 and the estimated rental value is £2,595 per month.
Fernie Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
5, Fernie Close, Chigwell has 41 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 5, Fernie Close, Chigwell is in very good condition we estimate a sale value of £444,410 and a rental value of £2,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,621 and a rental value of £2,413 per month.
Over the last 12 months the sale value of 5 Fernie Close Chigwell has decreased by an estimated £10,226 (2.4%) and its rental value has increased by an estimated £85 per month (3.3%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 5, Fernie Close, Chigwell sits on a plot of 188m2.
We have plot size data on 7 out of 8 other houses in the postcode and 5, Fernie Close, Chigwell sits on the 6th largest plot.
5, Fernie Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Fernie Close, Chigwell was last sold on 23rd August 2018 for £387,200 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2018, the market for similar properties has risen 35.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Fernie Close, Chigwell within a radius of 440 metres over the last 2 years.
The most recent example is 45, Manford Cross, Chigwell, IG7 4AB, a freehold house which sold for £420,000 on the 6th February 2025.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fernie Close, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 5, Fernie Close, Chigwell is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in IG7.
The nearest school is John Bramston Primary School which is 400 metres away. The nearest train station is Grange Hill which is 1.2 kilometres away.
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