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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, Orchard Way, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,321 ft2 of internal area and sits on a 164 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Orchard Way, Chigwell is £593,562 and the estimated rental value is £2,629 per month.
Orchard Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
5, Orchard Way, 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 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 5, Orchard Way, Chigwell is in very good condition we estimate a sale value of £623,240 and a rental value of £2,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,013 and a rental value of £2,445 per month.
Over the last 12 months the sale value of 5 Orchard Way Chigwell has increased by an estimated £4,064 (0.7%) and its rental value has increased by an estimated £77 per month (2.9%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 5, Orchard Way, Chigwell sits on a plot of 164m2.
We have plot size data on 18 out of 25 other houses in the postcode and 5, Orchard Way, Chigwell sits on the 11th largest plot.
According to HM Land Registry, 5, Orchard Way, Chigwell was last sold on 24th August 2007 for £284,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen 92.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Orchard Way, Chigwell within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 8, Orchard Way, Chigwell, IG7 6EE, a freehold house which sold for £525,000 on the 13th May 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Way, Chigwell, IG7 has a total of 25 addresses. According to our analysis of all the public data, 5, Orchard Way, Chigwell is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in IG7.
The nearest school is Chigwell Row Infant School which is 604 metres away. The nearest train station is Grange Hill which is 1.7 kilometres away.
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