According to the public record, 13, Claremont Place 24, Chigwell is a modern leasehold apartment with 1,332 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Claremont Place, Brook Parade, Chigwell, IG7.
Brook Parade, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
13, Claremont Place 24, Chigwell has 31 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated September 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Claremont Place 24 Chigwell as £819,876 and the rental value as £2,753 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 13 Claremont Place 24 Chigwell has increased by £3,880 (0.5%) and its rental value has increased by £63 per month (2.3%).
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 13, Claremont Place 24, Chigwell is in very good condition we estimate a sale value of £860,869 and rental value of £2,890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £762,484 and a rental value of £2,560 per month.
If you were able to purchase this property for the estimated value of £819,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,029 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 HM Land Registry, 13, Claremont Place 24, Chigwell was last sold on 25 Nov 2016 for £660,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Claremont Place 24, Chigwell within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 18, Claremont Place 24, Brook Parade, Chigwell, IG7 6PY, a Leasehold flat which sold for £765,000 in Jun 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Parade, Chigwell, IG7 has a total of 34 addresses. According to our analysis of all the public data, 13, Claremont Place 24, Chigwell is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in IG7.
13, Claremont Place 24, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2010.
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 13, Claremont Place 24, Chigwell is Chigwell station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Claremont Place 24, Chigwell, 45.1% of property is privately owned outright and 28.4% is privately rented.
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 13, Claremont Place 24, Chigwell, 15.3% of residents are recorded as possessing school level qualifications and 31.9% 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 13, Claremont Place 24, Chigwell, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 13, Claremont Place 24, Chigwell, 3.1% of property was a second home.
Comparison figures for East of England 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 13, Claremont Place 24, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.