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According to the public record, 7, Brook Way, Chigwell is a early-century freehold house with 1,926 ft2 of internal area and sits on a 592 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Brook Way, Chigwell is £1,380,828 and the estimated rental value is £3,844 per month.
Brook Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
7, Brook Way, Chigwell has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated November 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, Brook Way, Chigwell is in very good condition we estimate a sale value of £1,449,869 and a rental value of £4,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,284,170 and a rental value of £3,575 per month.
Over the last 12 months the sale value of 7 Brook Way Chigwell has increased by an estimated £9,455 (0.7%) and its rental value has increased by an estimated £113 per month (2.9%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 7, Brook Way, Chigwell sits on a plot of 592m2.
We have plot size data on 13 out of 13 other houses in the postcode and 7, Brook Way, Chigwell sits on the 8th largest plot.
7, Brook Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2020.
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, 7, Brook Way, Chigwell was last sold on 25th June 2021 for £1,305,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has dropped 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Brook Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 19, Chester Road, Chigwell, IG7 6AH, a freehold house which sold for £3,500 on the 14th December 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Way, Chigwell, IG7 has a total of 28 addresses. According to our analysis of all the public data, 7, Brook Way, Chigwell is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £739k more expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 959 metres away. The nearest train station is Chigwell which is 300 metres away.
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