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According to the public record, 7, Tercel Path, Chigwell is a mid-century freehold house with 1,646 ft2 of internal area and sits on a 398 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, Tercel Path, Chigwell is £582,845 and the estimated rental value is £2,659 per month.
Tercel Path, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7, Tercel Path, Chigwell has 3 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated November 2022.
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, Tercel Path, Chigwell is in very good condition we estimate a sale value of £611,987 and a rental value of £2,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,045 and a rental value of £2,473 per month.
Over the last 12 months the sale value of 7 Tercel Path Chigwell has increased by an estimated £3,991 (0.7%) and its rental value has increased by an estimated £78 per month (2.9%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 7, Tercel Path, Chigwell sits on a plot of 398m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Tercel Path, Chigwell sits on the 8th largest plot.
7, Tercel Path, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2022.
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, Tercel Path, Chigwell was last sold on 23rd February 2023 for £575,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Tercel Path, Chigwell within a radius of 630 metres over the last 2 years.
The most recent example is 5, Reservoir Way, Ilford, IG6 3FD, a freehold house which sold for £550,000 on the 10th January 2020.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tercel Path, Chigwell, IG7 has a total of 8 addresses. According to our analysis of all the public data, 7, Tercel Path, Chigwell is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in IG7.
The nearest school is Coppice Primary School which is 428 metres away. The nearest train station is Grange Hill which is 1.9 kilometres away.
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