According to the public record, 24, Brocket Way, Chigwell is a mid-century house with 1,550 ft2 of internal area and sits on a 307 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Brocket Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
24, Brocket Way, Chigwell has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2020.
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.
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 24 Brocket Way Chigwell as £572,525 and the rental value as £2,706 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Brocket Way Chigwell has increased by £15,398 (2.7%) and its rental value has increased by £135 per month (5.0%).
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 24, Brocket Way, Chigwell is in very good condition we estimate a sale value of £601,151 and rental value of £2,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £532,448 and a rental value of £2,517 per month.
If you were able to purchase this property for the estimated value of £572,525, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,814 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, 24, Brocket Way, Chigwell sits on a plot of 307m2.
We have plot size data on 20 out of 32 other houses in the postcode and 24, Brocket Way, Chigwell sits on the 2nd largest plot.
According to HM Land Registry, 24, Brocket Way, Chigwell was last sold on 12 Aug 2005 for £193,000 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 24, Brocket Way, Chigwell within a radius of 520 metres over the last 2 years.
The most recent example is 104, Brocket Way, Chigwell, IG7 4EX, a Freehold house which sold for £537,500 in Sep 2023.
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, 24, Brocket Way, Chigwell is the 13th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in IG7.
24, Brocket Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2020.
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 24, Brocket Way, Chigwell is Grange Hill station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Brocket Way, Chigwell, 37.5% of property is privately owned with a mortgage and 27.8% 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 24, Brocket Way, Chigwell, 24.7% of residents are recorded as possessing school level qualifications and 34.9% 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 24, Brocket Way, 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 24, Brocket Way, Chigwell, 0.5% 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 24, Brocket Way, Chigwell, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.