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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Swift House is £276,183 and the estimated rental value is £1,471 per month.
The apartment is within Swift House, Chigwell Road, London, E18.
Chigwell Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 2, Swift House has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 2, Swift House is in very good condition we estimate a sale value of £289,992 and a rental value of £1,544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,850 and a rental value of £1,368 per month.
Over the last 12 months the sale value of Flat 2 Swift House has decreased by an estimated £2,792 (1.0%) and its rental value has increased by an estimated £66 per month (4.5%), giving an expected gross yield of 6.4%.
Flat 2, Swift House has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, Swift House was last sold on 19th February 1997 for £52,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Swift House within a radius of 420 metres over the last 2 years.
The most recent example is Flat 42, Old Mill Court, Chigwell Road, London, E18 1NJ, a leasehold flat which sold for £360,000 on the 15th July 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 2, Swift House is the 257th largest and the 319th most expensive property on the street.
When compared to the postcode district it is £324k less expensive than the average property in E18.
The nearest school is Oakdale Infants' School which is 300 metres away. The nearest train station is South Woodford which is 300 metres away.
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