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According to the public record, 5, Parkland Close, Chigwell is a early-century freehold house with 2,798 ft2 of internal area and sits on a 1,590 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, Parkland Close, Chigwell is £2,126,773 and the estimated rental value is £5,083 per month.
Parkland Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
5, Parkland Close, Chigwell has 21 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Parkland Close, Chigwell is in very good condition we estimate a sale value of £2,233,112 and a rental value of £5,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,977,899 and a rental value of £4,728 per month.
Over the last 12 months the sale value of 5 Parkland Close Chigwell has decreased by an estimated £38,726 (1.8%) and its rental value has increased by an estimated £98 per month (1.9%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, 5, Parkland Close, Chigwell sits on a plot of 1590m2.
We have plot size data on 12 out of 12 other houses in the postcode and 5, Parkland Close, Chigwell sits on the 2nd largest plot.
5, Parkland Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2024.
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, 5, Parkland Close, Chigwell was last sold on 6th September 2024 for £2,100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parkland Close, Chigwell within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 22, Daleside Gardens, Chigwell, IG7 6PR, a freehold house which sold for £1,895,000 on the 22nd August 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkland Close, Chigwell, IG7 has a total of 12 addresses. According to our analysis of all the public data, 5, Parkland Close, Chigwell is the 6th largest and the most expensive property on the street.
When compared to the postcode district it is £1.485m more expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 422 metres away. The nearest train station is Chigwell which is 800 metres away.
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