According to the public record, 68, Brocket Way, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,182 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Brocket Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
68, Brocket Way, Chigwell has 31 entries in the Land Registry database, most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 68 Brocket Way Chigwell as £487,590 and the rental value as £2,467 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 68 Brocket Way Chigwell has increased by £17,286 (3.5%) and its rental value has increased by £145 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 68, Brocket Way, Chigwell is in very good condition we estimate a sale value of £511,970 and rental value of £2,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,459 and a rental value of £2,294 per month.
If you were able to purchase this property for the estimated value of £487,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,396 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, 68, Brocket Way, Chigwell was last sold on 02 Feb 2007 for £220,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2007, the market for similar properties has risen 104.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Brocket Way, Chigwell within a radius of 530 metres over the last 2 years.
The most recent example is 6, Crossbow Road, Chigwell, IG7 4EZ, a Freehold house which sold for £497,000 in Oct 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, 68, Brocket Way, Chigwell is the 65th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in IG7.
The closest station to 68, 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 68, 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 68, 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 68, 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 68, 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 68, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.