According to the public record, 3, Key West Court 120, Chigwell is a modern leasehold apartment with 1,323 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Key West Court, High Road, Chigwell, IG7.
High Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
3, Key West Court 120, Chigwell has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated May 2018.
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 3 Key West Court 120 Chigwell as £986,653 and the rental value as £3,329 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 3 Key West Court 120 Chigwell has increased by £20,037 (2.0%) and its rental value has increased by £129 per month (3.9%).
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 3, Key West Court 120, Chigwell is in very good condition we estimate a sale value of £1,035,986 and rental value of £3,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £917,588 and a rental value of £3,096 per month.
If you were able to purchase this property for the estimated value of £986,653, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,849 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, 3, Key West Court 120, Chigwell was last sold on 09 Jun 2022 for £990,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Key West Court 120, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 6, Key West Court 120, High Road, Chigwell, IG7 5AR, a Leasehold flat which sold for £875,000 in Jun 2018.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chigwell, IG7 has a total of 272 addresses. According to our analysis of all the public data, 3, Key West Court 120, Chigwell is the 158th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £318k more expensive than the average property in IG7.
3, Key West Court 120, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 3, Key West Court 120, Chigwell is Chigwell station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Key West Court 120, Chigwell, 45.1% of property is privately owned outright and 28.4% is privately 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 3, Key West Court 120, Chigwell, 15.3% of residents are recorded as possessing school level qualifications and 31.9% 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 3, Key West Court 120, 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 3, Key West Court 120, Chigwell, 3.1% 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 3, Key West Court 120, Chigwell, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.