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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, 9, Spanbrook, Chigwell is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,075 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Spanbrook, Chigwell is £487,356 and the estimated rental value is £2,027 per month.
The apartment is within Spanbrook, High Road, Chigwell, IG7.
High Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
9, Spanbrook, Chigwell has a single entry in the Land Registry from October 2024 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 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 9, Spanbrook, Chigwell is in very good condition we estimate a sale value of £511,724 and a rental value of £2,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,241 and a rental value of £1,885 per month.
Over the last 12 months the sale value of 9 Spanbrook Chigwell has decreased by an estimated £8,135 (1.7%) and its rental value has increased by an estimated £36 per month (1.8%), giving an expected gross yield of 5%.
According to HM Land Registry, 9, Spanbrook, Chigwell was last sold on 16th October 2024 for £550,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Spanbrook, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 5, Spanbrook, High Road, Chigwell, IG7 6AR, a leasehold flat which sold for £412,000 on the 5th July 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chigwell, IG7 has a total of 253 addresses. According to our analysis of all the public data, 9, Spanbrook, Chigwell is the 195th largest and the 194th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 901 metres away. The nearest train station is Chigwell which is 300 metres away.
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