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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, 8, Orchard Way, Chigwell is a mid-century freehold house with 1,237 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Orchard Way, Chigwell is £563,815 and the estimated rental value is £2,491 per month.
Orchard Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, Orchard Way, Chigwell has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Orchard Way, Chigwell is in very good condition we estimate a sale value of £592,006 and a rental value of £2,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,348 and a rental value of £2,317 per month.
Over the last 12 months the sale value of 8 Orchard Way Chigwell has decreased by an estimated £4,952 (0.9%) and its rental value has increased by an estimated £75 per month (3.0%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 8, Orchard Way, Chigwell sits on a plot of 230m2.
We have plot size data on 18 out of 25 other houses in the postcode and 8, Orchard Way, Chigwell sits on the 5th largest plot.
8, Orchard Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2023.
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, 8, Orchard Way, Chigwell was last sold on 13th May 2024 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Orchard Way, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 15, Orchard Way, Chigwell, IG7 6EE, a freehold house which sold for £480,000 on the 28th January 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Way, Chigwell, IG7 has a total of 25 addresses. According to our analysis of all the public data, 8, Orchard Way, Chigwell is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in IG7.
The nearest school is Chigwell Row Infant School which is 604 metres away. The nearest train station is Grange Hill which is 1.7 kilometres away.
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