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According to the public record, 8, Chalkhill Close, Chigwell is a modern freehold house with 1,829 ft2 of internal area and sits on a 345 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 8, Chalkhill Close, Chigwell is £856,320 and the estimated rental value is £3,022 per month.
Chalkhill Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
8, Chalkhill Close, Chigwell has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 8, Chalkhill Close, Chigwell is in very good condition we estimate a sale value of £899,136 and a rental value of £3,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £796,378 and a rental value of £2,811 per month.
Over the last 12 months the sale value of 8 Chalkhill Close Chigwell has increased by an estimated £5,863 (0.7%) and its rental value has increased by an estimated £89 per month (2.9%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 8, Chalkhill Close, Chigwell sits on a plot of 345m2.
We have plot size data on 14 out of 14 other houses in the postcode and 8, Chalkhill Close, Chigwell sits on the 4th largest plot.
8, Chalkhill Close, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Sep 2019.
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, 8, Chalkhill Close, Chigwell was last sold on 23rd September 2019 for £815,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chalkhill Close, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 8, Mountain Ash Close, Chigwell, IG7 4HX, a freehold house which sold for £740,000 on the 11th May 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chalkhill Close, Chigwell, IG7 has a total of 14 addresses. According to our analysis of all the public data, 8, Chalkhill Close, Chigwell is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £215k 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 3.5 kilometres away.
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