According to the public record, 18, Brook Way, Chigwell is a mid-century house with 2,185 ft2 of internal area and sits on a 475 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Brook Way, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
18, Brook Way, Chigwell has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2019.
We combine this information with public data 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 18 Brook Way Chigwell as £1,593,359 and the rental value as £4,632 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 18 Brook Way Chigwell has increased by £19,903 (1.2%) and its rental value has increased by £144 per month (3.1%).
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 18, Brook Way, Chigwell is in very good condition we estimate a sale value of £1,673,027 and rental value of £4,864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,481,824 and a rental value of £4,308 per month.
If you were able to purchase this property for the estimated value of £1,593,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,831 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 data from HM Land Registry, 18, Brook Way, Chigwell sits on a plot of 475m2.
We have plot size data on 11 out of 15 other houses in the postcode and 18, Brook Way, Chigwell sits on the 11th largest plot.
According to HM Land Registry, 18, Brook Way, Chigwell was last sold on 03 Dec 1999 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Brook Way, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 7, Chester Road, Chigwell, IG7 6AH, a Freehold house which sold for £1,310,000 in Mar 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Way, Chigwell, IG7 has a total of 28 addresses. According to our analysis of all the public data, 18, Brook Way, Chigwell is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £925k more expensive than the average property in IG7.
18, Brook Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2019.
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 18, Brook Way, Chigwell is Chigwell station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Brook Way, Chigwell, 53.0% of property is privately owned with a mortgage and 41.9% is privately owned outright.
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 18, Brook Way, Chigwell, 22.3% of residents are recorded as possessing school level qualifications and 46.3% 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 18, Brook Way, 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 18, Brook Way, Chigwell, 2.4% 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 18, Brook Way, Chigwell, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.