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By comparing it to neighbours, we estimate that it is a modern apartment with 366 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Chigwell Road is £287,796 and the estimated rental value is £1,278 per month.
The apartment is within 1, Chigwell Road, London, E18.
Chigwell Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
1B, Chigwell Road has 2 entries in the Land Registry , most recently in August 2011 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 1B, Chigwell Road is in very good condition we estimate a sale value of £302,186 and a rental value of £1,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,650 and a rental value of £1,189 per month.
Over the last 12 months the sale value of 1B Chigwell Road has increased by an estimated £3,666 (1.3%) and its rental value has increased by an estimated £51 per month (4.0%), giving an expected gross yield of 5.3%.
According to HM Land Registry, 1B, Chigwell Road was last sold on 3rd August 2011 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2011, the market for similar properties has risen 68.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Chigwell Road within a radius of 430 metres over the last 2 years.
The most recent example is Flat 3, 81, George Lane, London, E18 1JJ, a leasehold flat which sold for £293,000 on the 10th December 2021.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chigwell Road, London, E18 has a total of 352 addresses. According to our analysis of all the public data, 1B, Chigwell Road is the 347th largest and the 317th most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in E18.
The nearest school is Oakdale Junior School which is 277 metres away. The nearest train station is South Woodford which is 400 metres away.
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