According to the public record, 2, Brocket Close, Chigwell is a mid-century house with 914 ft2 of internal area and sits on a 4,835 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brocket Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
2, Brocket Close, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated December 2023.
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 2 Brocket Close Chigwell as £422,380 and the rental value as £2,264 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 Brocket Close Chigwell has increased by £14,975 (3.5%) and its rental value has increased by £133 per month (5.9%).
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 2, Brocket Close, Chigwell is in very good condition we estimate a sale value of £443,499 and rental value of £2,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,814 and a rental value of £2,106 per month.
If you were able to purchase this property for the estimated value of £422,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,076 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, 2, Brocket Close, Chigwell sits on a plot of 4835m2.
We have plot size data on 11 out of 17 other houses in the postcode and 2, Brocket Close, Chigwell sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Brocket Close, Chigwell within a radius of 540 metres over the last 2 years.
The most recent example is 24, Burrow Road, Chigwell, IG7 4HQ, a Freehold house which sold for £441,000 in Jul 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brocket Close, Chigwell, IG7 has a total of 19 addresses. According to our analysis of all the public data, 2, Brocket Close, Chigwell is the 10th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in IG7.
2, Brocket Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2023.
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 2, Brocket Close, Chigwell is Grange Hill station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Brocket Close, Chigwell, 43.3% of property is privately owned with a mortgage and 20.2% 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 2, Brocket Close, Chigwell, 26.3% of residents are recorded as possessing school level qualifications and 38.5% 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 2, Brocket 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 2, Brocket Close, Chigwell, 0.8% 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 2, Brocket Close, Chigwell, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.