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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, 50, Shrublands Close, Chigwell is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Shrublands Close, Chigwell is £386,466 and the estimated rental value is £1,813 per month.
Shrublands Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
50, Shrublands Close, Chigwell has a single entry in the Land Registry from June 2011 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 50, Shrublands Close, Chigwell is in very good condition we estimate a sale value of £405,789 and a rental value of £1,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,413 and a rental value of £1,686 per month.
Over the last 12 months the sale value of 50 Shrublands Close Chigwell has increased by an estimated £1,531 (0.4%) and its rental value has increased by an estimated £76 per month (4.2%), giving an expected gross yield of 5.6%.
50, Shrublands Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2022.
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, 50, Shrublands Close, Chigwell was last sold on 30th June 2011 for £166,620 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2011, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Shrublands Close, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 24, Keats Close, Chigwell, IG7 5NU, a leasehold flat which sold for £230,000 on the 29th July 2016.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shrublands Close, Chigwell, IG7 has a total of 52 addresses. According to our analysis of all the public data, 50, Shrublands Close, Chigwell is the 2nd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 409 metres away. The nearest train station is Hainault which is 900 metres away.
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