According to the public record, 7 Pinewood Court, Chigwell is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pinewood Court, Brocket Way, Chigwell, IG7.
Brocket Way, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
7 Pinewood Court, Chigwell has no records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 7 Pinewood Court Chigwell as £126,889 and the rental value as £835 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 7 Pinewood Court Chigwell has increased by £1,032 (0.8%) and its rental value has increased by £27 per month (3.2%).
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 7 Pinewood Court, Chigwell is in very good condition we estimate a sale value of £133,233 and rental value of £877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,006 and a rental value of £776 per month.
If you were able to purchase this property for the estimated value of £126,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £624 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7 Pinewood Court, Chigwell within a radius of 670 metres over the last 2 years.
The most recent example is 3 Pinewood Court, Brocket Way, Chigwell, IG7 4LU, a Leasehold flat which sold for £232,500 in Oct 2019.
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, 7 Pinewood Court, Chigwell is the 305th largest and the 305th most expensive property on the street.
When compared to the postcode district it is £542k less expensive than the average property in IG7.
7 Pinewood Court, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 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 7 Pinewood Court, Chigwell is Grange Hill station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 Pinewood Court, Chigwell, 35.1% of property is privately owned with a mortgage and 25.8% 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 7 Pinewood Court, Chigwell, 29.8% of residents are recorded as possessing school level qualifications and 29.0% 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 7 Pinewood Court, Chigwell, the average age was 35.7 and the most common age was 32.
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 7 Pinewood Court, Chigwell, 0.4% 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 7 Pinewood Court, Chigwell, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.