According to the public record, 8, The Bowls, Chigwell is a mid-century leasehold apartment with 1,302 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Bowls, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, The Bowls, Chigwell has 21 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated May 2014.
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 The Bowls Chigwell as £616,839 and the rental value as £2,107 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 8 The Bowls Chigwell has increased by £12,467 (2.0%) and its rental value has increased by £90 per month (4.2%).
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 8, The Bowls, Chigwell is in very good condition we estimate a sale value of £647,681 and rental value of £2,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £573,660 and a rental value of £1,960 per month.
If you were able to purchase this property for the estimated value of £616,839, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,032 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, The Bowls, Chigwell was last sold on 04 Sep 2014 for £515,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Bowls, Chigwell within a radius of 850 metres over the last 2 years.
The most recent example is 62, The Bowls, Chigwell, IG7 6ND, a Leasehold flat which sold for £645,000 in Apr 2024.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Bowls, Chigwell, IG7 has a total of 91 addresses. According to our analysis of all the public data, 8, The Bowls, Chigwell is the 39th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in IG7.
8, The Bowls, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 8, The Bowls, 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, The Bowls, Chigwell, 83.9% of property is privately owned outright and 6.9% 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 8, The Bowls, Chigwell, 19.7% of residents are recorded as possessing school level qualifications and 17.7% 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, The Bowls, Chigwell, the average age was 42.3 and the most common age was 57.
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, The Bowls, Chigwell, 2.5% 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 8, The Bowls, 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.