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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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Public records show 5, Poppy Way, Chigwell to be a modern freehold house with 1,722 ft2 of internal area, sitting on a 342 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Poppy Way, Chigwell has an estimated sale value of £813,954 and an estimated rental value of £3,354 per month, assuming reasonable condition and based on the information available.
Poppy Way, Chigwell, IG7 lies in the borough of Redbridge, within the IG7 postal district.
5, Poppy Way, Chigwell has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated October 2020.
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.
In very good condition, we estimate 5, Poppy Way, Chigwell would be worth £854,651, with a potential rental value of £3,522 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £756,977, with a rental value of £3,120 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Poppy Way, Chigwell has decreased by £21,899 (2.7%) over the last year. During the same period, its estimated monthly rental value has grown by £113 (3.4%). The property's estimated gross yield is currently 4.9%.
5, Poppy Way, Chigwell occupies a 342 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 2nd largest.
5, Poppy Way, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
5, Poppy Way, Chigwell last changed hands on 1st December 2021, selling for £780,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 7.7% since December 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 5, Poppy Way, Chigwell across the last 2 years.
Most recently, 3, Poppy Way, Chigwell, IG7 4HR, a freehold house, sold at £720,000 on the 18th December 2020.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, Poppy Way, Chigwell as the 5th largest and the 5th most expensive of the 7 addresses on Poppy Way, Chigwell, IG7.
Against the IG7 postcode district average, it is £178k more expensive than the typical property.
Grange Hill station is the nearest stop to 5, Poppy Way, Chigwell at 3.6 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Poppy Way, Chigwell, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Poppy Way, Chigwell, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Poppy Way, Chigwell, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Poppy Way, Chigwell, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
