According to the public record, 14 Manford Court, Chigwell is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Manford Court, Manford Way, Chigwell, IG7.
Manford Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
14 Manford Court, Chigwell has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated August 2013.
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 14 Manford Court Chigwell as £261,803 and the rental value as £1,464 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 14 Manford Court Chigwell has increased by £2,492 (1.0%) and its rental value has increased by £47 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 14 Manford Court, Chigwell is in very good condition we estimate a sale value of £274,893 and rental value of £1,538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,477 and a rental value of £1,362 per month.
If you were able to purchase this property for the estimated value of £261,803, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,287 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, 14 Manford Court, Chigwell was last sold on 30 Oct 2015 for £227,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14 Manford Court, Chigwell within a radius of 450 metres over the last 2 years.
The most recent example is 45, Manford Court, Manford Way, Chigwell, IG7 4DP, a Leasehold flat which sold for £248,000 in Aug 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manford Way, Chigwell, IG7 has a total of 468 addresses. According to our analysis of all the public data, 14 Manford Court, Chigwell is the 199th largest and the 313th most expensive property on the street.
When compared to the postcode district it is £407k less expensive than the average property in IG7.
14 Manford Court, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2013.
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 14 Manford Court, Chigwell is Hainault station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14 Manford Court, Chigwell, 50.3% of property is socially rented and 22.2% 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 14 Manford Court, Chigwell, 16.6% of residents are recorded as possessing school level qualifications and 25.4% 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 14 Manford Court, Chigwell, the average age was 35.7 and the most common age was 32.
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 14 Manford Court, Chigwell, 0.0% 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 14 Manford Court, Chigwell, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.