According to the public record, 7, Regency Apartments 114-118, Chigwell is a modern leasehold apartment with 2,281 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Regency Apartments, Manor Road, Chigwell, IG7.
Manor Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
7, Regency Apartments 114-118, Chigwell has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated November 2013.
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 7 Regency Apartments 114-118 Chigwell as £1,342,656 and the rental value as £4,420 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 7 Regency Apartments 114-118 Chigwell has increased by £29,815 (2.2%) and its rental value has increased by £193 per month (4.4%).
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, Regency Apartments 114-118, Chigwell is in very good condition we estimate a sale value of £1,409,789 and rental value of £4,641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,248,670 and a rental value of £4,111 per month.
If you were able to purchase this property for the estimated value of £1,342,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,599 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, 7, Regency Apartments 114-118, Chigwell was last sold on 18 Mar 2021 for £1,200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Regency Apartments 114-118, Chigwell within a radius of 670 metres over the last 2 years.
The most recent example is 6, Regency Apartments 114-118, Manor Road, Chigwell, IG7 5PW, a Leasehold flat which sold for £1,350,000 in May 2021.
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, 7, Regency Apartments 114-118, Chigwell is the 96th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £674k more expensive than the average property in IG7.
7, Regency Apartments 114-118, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2013.
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 7, Regency Apartments 114-118, Chigwell is Grange Hill station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Regency Apartments 114-118, Chigwell, 45.6% of property is privately owned outright and 39.0% 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 7, Regency Apartments 114-118, Chigwell, 14.3% of residents are recorded as possessing school level qualifications and 48.3% 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, Regency Apartments 114-118, 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 7, Regency Apartments 114-118, Chigwell, 0.5% 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 7, Regency Apartments 114-118, Chigwell, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.