According to the public record, 4, Chigwell Heights 212, Chigwell is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Chigwell Heights, Manor Road, Chigwell, IG7.
Manor Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
4, Chigwell Heights 212, Chigwell has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated April 2024.
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 4 Chigwell Heights 212 Chigwell as £535,764 and the rental value as £2,144 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 4 Chigwell Heights 212 Chigwell has increased by £11,876 (2.2%) and its rental value has increased by £97 per month (4.5%).
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 4, Chigwell Heights 212, Chigwell is in very good condition we estimate a sale value of £562,553 and rental value of £2,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,261 and a rental value of £1,994 per month.
If you were able to purchase this property for the estimated value of £535,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,633 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, 4, Chigwell Heights 212, Chigwell was last sold on 15 Dec 2017 for £492,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Chigwell Heights 212, Chigwell within a radius of 660 metres over the last 2 years.
The most recent example is 3, Chigwell Heights 212, Manor Road, Chigwell, IG7 4FB, a Leasehold flat which sold for £500,000 in Jun 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Road, Chigwell, IG7 has a total of 294 addresses. According to our analysis of all the public data, 4, Chigwell Heights 212, Chigwell is the 207th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in IG7.
4, Chigwell Heights 212, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 4, Chigwell Heights 212, Chigwell is Grange Hill station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Chigwell Heights 212, Chigwell, 44.5% of property is privately owned with a mortgage and 43.1% 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 4, Chigwell Heights 212, Chigwell, 16.7% of residents are recorded as possessing school level qualifications and 33.6% 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 4, Chigwell Heights 212, Chigwell, the average age was 38.7 and the most common age was 32.
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 4, Chigwell Heights 212, Chigwell, 0.6% 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 4, Chigwell Heights 212, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.