According to the public record, 29, The Bowls, Chigwell is a mid-century leasehold apartment with 1,646 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Bowls, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
29, The Bowls, Chigwell has 21 entries in the Land Registry database, most recently in January 2007 and a single entry in the EPC database dated June 2022.
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 29 The Bowls Chigwell as £716,969 and the rental value as £2,360 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 29 The Bowls Chigwell has increased by £14,491 (2.0%) and its rental value has increased by £100 per month (4.2%).
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 29, The Bowls, Chigwell is in very good condition we estimate a sale value of £752,817 and rental value of £2,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £666,781 and a rental value of £2,195 per month.
If you were able to purchase this property for the estimated value of £716,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,524 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, 29, The Bowls, Chigwell was last sold on 29 Jan 2007 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 72.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, The Bowls, Chigwell within a radius of 820 metres over the last 2 years.
The most recent example is 78, The Bowls, Chigwell, IG7 6ND, a Leasehold flat which sold for £500,000 in Jun 2021.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Bowls, Chigwell, IG7 has a total of 91 addresses. According to our analysis of all the public data, 29, The Bowls, Chigwell is the 9th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in IG7.
29, The Bowls, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2022.
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 29, The Bowls, 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 29, The Bowls, Chigwell, 83.9% of property is privately owned outright and 6.9% is privately owned with a mortgage.
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 29, The Bowls, Chigwell, 19.7% of residents are recorded as possessing school level qualifications and 17.7% 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 29, The Bowls, 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 29, The Bowls, Chigwell, 2.5% 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 29, The Bowls, Chigwell, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.