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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, 6, Fallow Close, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,228 ft2 of internal area and sits on a 166 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Fallow Close, Chigwell is £289,728 and the estimated rental value is £1,404 per month.
Fallow Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
6, Fallow Close, Chigwell has 21 entries in the Land Registry , most recently in February 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 3 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 6, Fallow Close, Chigwell is in very good condition we estimate a sale value of £304,215 and a rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,447 and a rental value of £1,306 per month.
Over the last 12 months the sale value of 6 Fallow Close Chigwell has decreased by an estimated £2,545 (0.9%) and its rental value has increased by an estimated £42 per month (3.0%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 6, Fallow Close, Chigwell sits on a plot of 166m2.
We have plot size data on 7 out of 8 other houses in the postcode and 6, Fallow Close, Chigwell sits on the 7th largest plot.
According to HM Land Registry, 6, Fallow Close, Chigwell was last sold on 23rd February 2007 for £217,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2007, the market for similar properties has risen 134.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Fallow Close, Chigwell within a radius of 440 metres over the last 2 years.
The most recent example is 4 Greenfield Terrace, Hursley Road, Chigwell, IG7 4BF, a freehold house which sold for £150,000 on the 29th July 2010.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fallow Close, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 6, Fallow Close, Chigwell is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £352k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 322 metres away. The nearest train station is Hainault which is 1.0 kilometres away.
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