Flat 3, Cityview Apartments 14
Flat 3, Cityview Apartments 14
Description & Estimates
The public record lists Flat 3, Cityview Apartments 14, Chigwell as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 722 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, Cityview Apartments 14, Chigwell has an estimated sale value of £343,207 and an estimated rental value of £1,745 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cityview Apartments, Lowe Close, Chigwell, IG7.
Lowe Close, Chigwell, IG7 lies in the borough of Redbridge, within the IG7 postal district.
Our Data Sources
Flat 3, Cityview Apartments 14, Chigwell has a single entry in the Land Registry from June 2014 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, Cityview Apartments 14, Chigwell would be worth £360,368, with a potential rental value of £1,832 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £319,183, with a rental value of £1,622 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, Cityview Apartments 14, Chigwell has declined by £7,296 (2.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £60 (3.4%). The property's estimated gross yield is currently 6.1%.
Sold Prices
Flat 3, Cityview Apartments 14, Chigwell last changed hands on 20th June 2014, selling for £225,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 36.9% since June 2014.
- Sold Jun 2014£225,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of Flat 3, Cityview Apartments 14, Chigwell across the last 2 years.
Most recently, Flat 40, Hyneholt House 104, Manford Way, Chigwell, IG7 4EG, a leasehold flat, sold at £355,000 on the 24th July 2024.
Read more about house prices in IG7.
- Sold Jul 2024£355,000 | 2 Bed FlatFlat 40, Hyneholt House 104, Manford Way, Chigwell, IG7 4EGFlat 40, Hyneholt House 104, Manford Way, Chigwell, IG7 4EG
- Sold Jul 2024£385,500 | 2 Bed FlatFlat 58, Hyneholt House 104, Manford Way, Chigwell, IG7 4EGFlat 58, Hyneholt House 104, Manford Way, Chigwell, IG7 4EG
- Sold May 2014£230,000 | 2 Bed FlatFlat 7, Cityview Apartments 14, Lowe Close, Chigwell, IG7 4LPFlat 7, Cityview Apartments 14, Lowe Close, Chigwell, IG7 4LP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, Cityview Apartments 14, Chigwell as the 2nd largest and the 2nd most expensive of the 22 addresses on Lowe Close, Chigwell, IG7.
Against the IG7 postcode district average, it is £292k less expensive than the typical property.
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Schools Nearby
- 300mCoppice Primary School
- 600mManford Primary School
- 700mJohn Bramston Primary School
- 500mForest Academy
- 2.5kmKing Solomon High School
- 3.1kmIlford County High School
More reading links
Public Transport Nearby
Grange Hill station is the nearest stop to Flat 3, Cityview Apartments 14, Chigwell at 1.2 kilometres away.
- 1.2kmGrange Hill
- 1.4kmHainault
- 2.2kmFairlop
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
