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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, 7, Fernie Close, Chigwell is a modern freehold house with 936 ft2 of internal area and sits on a 208 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Fernie Close, Chigwell is £421,187 and the estimated rental value is £2,607 per month.
Fernie Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Fernie Close, Chigwell has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7, Fernie Close, Chigwell is in very good condition we estimate a sale value of £442,247 and a rental value of £2,737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,704 and a rental value of £2,424 per month.
Over the last 12 months the sale value of 7 Fernie Close Chigwell has decreased by an estimated £10,176 (2.4%) and its rental value has increased by an estimated £85 per month (3.3%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 7, Fernie Close, Chigwell sits on a plot of 208m2.
We have plot size data on 7 out of 8 other houses in the postcode and 7, Fernie Close, Chigwell sits on the 2nd largest plot.
7, Fernie Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2016.
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, Fernie Close, Chigwell was last sold on 24th April 2017 for £276,100 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 37.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Fernie Close, Chigwell within a radius of 450 metres over the last 2 years.
The most recent example is 95, Arrowsmith Road, Chigwell, IG7 4PF, a freehold house which sold for £465,000 on the 15th November 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fernie Close, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 7, Fernie Close, Chigwell is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in IG7.
The nearest school is John Bramston Primary School which is 400 metres away. The nearest train station is Grange Hill which is 1.2 kilometres away.
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