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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Olive Grove, Chigwell is a modern freehold house with 2,088 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Olive Grove, Chigwell is £1,017,367 and the estimated rental value is £3,079 per month.
Olive Grove, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
5, Olive Grove, Chigwell has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated August 2018.
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, Olive Grove, Chigwell is in very good condition we estimate a sale value of £1,068,236 and a rental value of £3,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £946,152 and a rental value of £2,863 per month.
Over the last 12 months the sale value of 5 Olive Grove Chigwell has decreased by an estimated £18,525 (1.8%) and its rental value has increased by an estimated £59 per month (1.9%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 5, Olive Grove, Chigwell sits on a plot of 376m2.
We have plot size data on 7 out of 7 other houses in the postcode and 5, Olive Grove, Chigwell sits on the 3rd largest plot.
5, Olive Grove, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Olive Grove, Chigwell was last sold on 26th September 2018 for £860,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2018, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Olive Grove, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 4, Tamarind Grove, Chigwell, IG7 4FX, a freehold house which sold for £900,000 on the 14th September 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olive Grove, Chigwell, IG7 has a total of 7 addresses. According to our analysis of all the public data, 5, Olive Grove, Chigwell is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £376k more expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.4 kilometres away. The nearest train station is Hainault which is 3.4 kilometres away.
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