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Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Meadow Way, Chigwell is £2,149,373 and the estimated rental value is £5,137 per month.
Meadow Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, Meadow Way, Chigwell has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated November 2015.
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 8, Meadow Way, Chigwell is in very good condition we estimate a sale value of £2,256,841 and a rental value of £5,394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,998,916 and a rental value of £4,778 per month.
Over the last 12 months the sale value of 8 Meadow Way Chigwell has decreased by an estimated £39,138 (1.8%) and its rental value has increased by an estimated £99 per month (1.9%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, 8, Meadow Way, Chigwell sits on a plot of 873m2.
We have plot size data on 22 out of 22 other houses in the postcode and 8, Meadow Way, Chigwell sits on the 13th largest plot.
8, Meadow Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Meadow Way, Chigwell was last sold on 22nd April 2021 for £1,850,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has dropped 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Meadow Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 2, Parkland Close, Chigwell, IG7 6LL, a freehold house which sold for £2,000,000 on the 10th May 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Way, Chigwell, IG7 has a total of 50 addresses. According to our analysis of all the public data, 8, Meadow Way, Chigwell is the 8th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £1.508m more expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 574 metres away. The nearest train station is Chigwell which is 600 metres away.
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