According to the public record, 187, Brocket Way, Chigwell is a mid-century freehold house with 914 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brocket Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
187, Brocket Way, Chigwell has 31 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated August 2012.
We combine this information with that 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 187 Brocket Way Chigwell as £453,988 and the rental value as £2,426 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 187 Brocket Way Chigwell has increased by £15,078 (3.3%) and its rental value has increased by £139 per month (5.7%).
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 187, Brocket Way, Chigwell is in very good condition we estimate a sale value of £476,688 and rental value of £2,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,209 and a rental value of £2,256 per month.
If you were able to purchase this property for the estimated value of £453,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,231 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, 187, Brocket Way, Chigwell sits on a plot of 304m2.
We have plot size data on 15 out of 26 other houses in the postcode and 187, Brocket Way, Chigwell sits on the 10th largest plot.
According to HM Land Registry, 187, Brocket Way, Chigwell was last sold on 21 Dec 2021 for £510,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 187, Brocket Way, Chigwell within a radius of 580 metres over the last 2 years.
The most recent example is 193, Brocket Way, Chigwell, IG7 4LX, a Freehold house which sold for £460,000 in Jun 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brocket Way, Chigwell, IG7 has a total of 305 addresses. According to our analysis of all the public data, 187, Brocket Way, Chigwell is the 161st largest and the 139th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in IG7.
187, Brocket Way, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2012.
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 187, Brocket Way, Chigwell is Grange Hill station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 187, Brocket Way, Chigwell, 43.4% of property is privately owned with a mortgage and 23.0% is socially 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 187, Brocket Way, Chigwell, 24.6% of residents are recorded as possessing school level qualifications and 35.1% 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 187, Brocket Way, 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 187, Brocket Way, 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 187, Brocket Way, Chigwell, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.