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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, Mountain Ash Close, Chigwell is a modern freehold house with 2,088 ft2 of internal area and sits on a 382 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mountain Ash Close, Chigwell is £932,311 and the estimated rental value is £3,210 per month.
Mountain Ash Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Mountain Ash Close, Chigwell has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated February 2020.
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, Mountain Ash Close, Chigwell is in very good condition we estimate a sale value of £978,927 and a rental value of £3,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £867,050 and a rental value of £2,985 per month.
Over the last 12 months the sale value of 7 Mountain Ash Close Chigwell has decreased by an estimated £16,976 (1.8%) and its rental value has increased by an estimated £62 per month (1.9%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 7, Mountain Ash Close, Chigwell sits on a plot of 382m2.
We have plot size data on 9 out of 9 other houses in the postcode and 7, Mountain Ash Close, Chigwell sits on the 2nd largest plot.
7, Mountain Ash Close, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Mountain Ash Close, Chigwell was last sold on 30th November 2020 for £785,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 49.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mountain Ash Close, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 6, Chalkhill Close, Chigwell, IG7 4HU, a freehold house which sold for £750,000 on the 12th February 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mountain Ash Close, Chigwell, IG7 has a total of 9 addresses. According to our analysis of all the public data, 7, Mountain Ash Close, Chigwell is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £291k more expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.3 kilometres away. The nearest train station is Hainault which is 3.6 kilometres away.
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