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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 2, Chigwell Road is £282,330 and the estimated rental value is £1,322 per month.
The apartment is within 2, Chigwell Road, London, E18.
Chigwell Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 1, 2, Chigwell Road has 21 entries in the Land Registry , most recently in January 2013 and a single entry in the EPC database dated August 2019.
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 Flat 1, 2, Chigwell Road is in very good condition we estimate a sale value of £296,447 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,567 and a rental value of £1,230 per month.
Over the last 12 months the sale value of Flat 1 2 Chigwell Road has increased by an estimated £1,718 (0.6%) and its rental value has increased by an estimated £48 per month (3.6%), giving an expected gross yield of 5.6%.
Flat 1, 2, Chigwell Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2019.
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, Flat 1, 2, Chigwell Road was last sold on 9th January 2013 for £146,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2013, the market for similar properties has risen 71.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Chigwell Road within a radius of 420 metres over the last 2 years.
The most recent example is Flat 2, James Court 8, Daisy Road, London, E18 1EH, a leasehold flat which sold for £295,000 on the 13th December 2024.
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, Flat 1, 2, Chigwell Road is the 342nd largest and the 320th most expensive property on the street.
When compared to the postcode district it is £338k less expensive than the average property in E18.
The nearest school is Oakdale Junior School which is 203 metres away. The nearest train station is South Woodford which is 400 metres away.
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