According to the public record, 9, Sycamore Place, Chigwell is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sycamore Place, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
9, Sycamore Place, Chigwell has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated December 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 9 Sycamore Place Chigwell as £457,104 and the rental value as £1,913 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 9 Sycamore Place Chigwell has increased by £5,044 (1.1%) and its rental value has increased by £65 per month (3.4%).
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 9, Sycamore Place, Chigwell is in very good condition we estimate a sale value of £479,960 and rental value of £2,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,107 and a rental value of £1,779 per month.
If you were able to purchase this property for the estimated value of £457,104, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,247 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, 9, Sycamore Place, Chigwell was last sold on 08 Aug 2022 for £440,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Sycamore Place, Chigwell within a radius of 670 metres over the last 2 years.
The most recent example is 3, Sycamore Place, Chigwell, IG7 4BJ, a Leasehold flat which sold for £127,500 in Sep 2022.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sycamore Place, Chigwell, IG7 has a total of 17 addresses. According to our analysis of all the public data, 9, Sycamore Place, Chigwell is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in IG7.
9, Sycamore Place, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 9, Sycamore Place, Chigwell is Grange Hill station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Sycamore Place, Chigwell, 44.5% of property is privately owned with a mortgage and 43.1% 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 9, Sycamore Place, Chigwell, 16.7% of residents are recorded as possessing school level qualifications and 33.6% 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 9, Sycamore Place, 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 9, Sycamore Place, Chigwell, 0.6% 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 9, Sycamore Place, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.