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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
According to the public record, Flat 5, Millbrook 164, Chigwell is a modern leasehold apartment with 1,506 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Millbrook 164, Chigwell is £754,494 and the estimated rental value is £2,659 per month.
The apartment is within Millbrook, Manor Road, Chigwell, IG7.
Manor Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
Flat 5, Millbrook 164, Chigwell has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 5, Millbrook 164, Chigwell is in very good condition we estimate a sale value of £792,219 and a rental value of £2,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £701,679 and a rental value of £2,473 per month.
Over the last 12 months the sale value of Flat 5 Millbrook 164 Chigwell has decreased by an estimated £12,594 (1.7%) and its rental value has increased by an estimated £47 per month (1.8%), giving an expected gross yield of 4.2%.
Flat 5, Millbrook 164, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Sep 2018.
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 5, Millbrook 164, Chigwell was last sold on 28th July 2020 for £680,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Millbrook 164, Chigwell within a radius of 590 metres over the last 2 years.
The most recent example is Flat 1, Millbrook 164, Manor Road, Chigwell, IG7 5PT, a leasehold flat which sold for £850,000 on the 2nd July 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Road, Chigwell, IG7 has a total of 301 addresses. According to our analysis of all the public data, Flat 5, Millbrook 164, Chigwell is the 138th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £113k more expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 438 metres away. The nearest train station is Grange Hill which is 400 metres away.
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