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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
According to the public record, 6, Spanbrook, Chigwell is a mid-century leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Spanbrook, Chigwell is £444,564 and the estimated rental value is £1,862 per month.
The apartment is within Spanbrook, High Road, Chigwell, IG7.
High Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
6, Spanbrook, Chigwell has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property 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 6, Spanbrook, Chigwell is in very good condition we estimate a sale value of £466,792 and a rental value of £1,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,444 and a rental value of £1,732 per month.
Over the last 12 months the sale value of 6 Spanbrook Chigwell has decreased by an estimated £4,110 (0.9%) and its rental value has increased by an estimated £40 per month (2.2%), giving an expected gross yield of 5%.
6, Spanbrook, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 6, Spanbrook, Chigwell was last sold on 25th February 2022 for £510,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has dropped 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Spanbrook, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 5, Spanbrook, High Road, Chigwell, IG7 6AR, a leasehold flat which sold for £412,000 on the 5th July 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chigwell, IG7 has a total of 253 addresses. According to our analysis of all the public data, 6, Spanbrook, Chigwell is the 209th largest and the 226th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 901 metres away. The nearest train station is Chigwell which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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