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According to the public record, 8, Friston Path, Chigwell is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 790 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Friston Path, Chigwell is £278,852 and the estimated rental value is £1,550 per month.
Friston Path, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
8, Friston Path, Chigwell has a single entry in the Land Registry from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 8, Friston Path, Chigwell is in very good condition we estimate a sale value of £292,794 and a rental value of £1,628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,332 and a rental value of £1,442 per month.
Over the last 12 months the sale value of 8 Friston Path Chigwell has increased by an estimated £1,105 (0.4%) and its rental value has increased by an estimated £65 per month (4.2%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 8, Friston Path, Chigwell was last sold on 4th January 2007 for £189,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Friston Path, Chigwell within a radius of 470 metres over the last 2 years.
The most recent example is 72, Long Green, Chigwell, IG7 4JD, a leasehold flat which sold for £270,000 on the 22nd December 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friston Path, Chigwell, IG7 has a total of 10 addresses. According to our analysis of all the public data, 8, Friston Path, Chigwell is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £363k less expensive than the average property in IG7.
The nearest school is Manford Primary School which is 178 metres away. The nearest train station is Grange Hill which is 600 metres away.
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