According to the public record, 11, Arrowsmith Close, Chigwell is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Arrowsmith Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
11, Arrowsmith Close, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated October 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Arrowsmith Close Chigwell as £270,782 and the rental value as £1,616 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 11 Arrowsmith Close Chigwell has increased by £2,629 (1.0%) and its rental value has increased by £52 per month (3.2%).
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 11, Arrowsmith Close, Chigwell is in very good condition we estimate a sale value of £284,321 and rental value of £1,697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,827 and a rental value of £1,503 per month.
If you were able to purchase this property for the estimated value of £270,782, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,331 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Arrowsmith Close, Chigwell within a radius of 470 metres over the last 2 years.
The most recent example is 50, Burrow Road, Chigwell, IG7 4HE, a Leasehold flat which sold for £250,000 in Mar 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arrowsmith Close, Chigwell, IG7 has a total of 22 addresses. According to our analysis of all the public data, 11, Arrowsmith Close, Chigwell is the 18th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £398k less expensive than the average property in IG7.
11, Arrowsmith Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Arrowsmith Close, Chigwell is Grange Hill station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Arrowsmith Close, Chigwell, 35.5% of property is socially rented and 27.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Arrowsmith Close, Chigwell, 22.8% of residents are recorded as possessing school level qualifications and 27.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Arrowsmith Close, Chigwell, the average age was 36.6 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Arrowsmith Close, Chigwell, 3.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Arrowsmith Close, Chigwell, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.