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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Brocket Close, Chigwell is a modern Leasehold apartment with 921 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 7, Brocket Close, Chigwell is £308,716 and the estimated rental value is £1,653 per month.
The apartment is within 7, Brocket Close, Chigwell, IG7.
Brocket Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Brocket Close, Chigwell has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated September 2020.
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 7, Brocket Close, Chigwell is in very good condition we estimate a sale value of £324,152 and a rental value of £1,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,106 and a rental value of £1,537 per month.
Over the last 12 months the sale value of 7 Brocket Close Chigwell has increased by an estimated £1,223 (0.4%) and its rental value has increased by an estimated £69 per month (4.2%), giving an expected gross yield of 6.4%.
7, Brocket Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 7, Brocket Close, Chigwell was last sold on 29th June 2007 for £231,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 70.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Brocket Close, Chigwell within a radius of 560 metres over the last 2 years.
The most recent example is 33, Crossbow Road, Chigwell, IG7 4EY, a leasehold flat which sold for £280,000 on the 30th January 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brocket Close, Chigwell, IG7 has a total of 19 addresses. According to our analysis of all the public data, 7, Brocket Close, Chigwell is the 10th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 376 metres away. The nearest train station is Grange Hill which is 700 metres away.
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