According to the public record, 8, St. Winifreds Close, Chigwell is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
St. Winifreds Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, St. Winifreds Close, Chigwell has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated February 2023.
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 8 St. Winifreds Close Chigwell as £379,057 and the rental value as £1,848 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 St. Winifreds Close Chigwell has increased by £6,937 (1.8%) and its rental value has increased by £73 per month (4.0%).
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 8, St. Winifreds Close, Chigwell is in very good condition we estimate a sale value of £398,010 and rental value of £1,940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,523 and a rental value of £1,718 per month.
If you were able to purchase this property for the estimated value of £379,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,863 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, 8, St. Winifreds Close, Chigwell was last sold on 21 Aug 2023 for £380,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, St. Winifreds Close, Chigwell within a radius of 550 metres over the last 2 years.
The most recent example is 7, St. Winifreds Close, Chigwell, IG7 5PU, a Leasehold flat which sold for £350,000 in Apr 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Winifreds Close, Chigwell, IG7 has a total of 22 addresses. According to our analysis of all the public data, 8, St. Winifreds Close, Chigwell is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £289k less expensive than the average property in IG7.
8, St. Winifreds Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2023.
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 8, St. Winifreds Close, Chigwell is Grange Hill station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, St. Winifreds Close, Chigwell, 41.5% of property is privately owned outright and 37.7% 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 8, St. Winifreds Close, Chigwell, 16.0% of residents are recorded as possessing school level qualifications and 36.9% 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 8, St. Winifreds Close, 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 8, St. Winifreds Close, Chigwell, 0.9% 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 8, St. Winifreds Close, Chigwell, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.