According to the public record, 2A, Brook Rise, Chigwell is a mid-century freehold house with 1,436 ft2 of internal area and sits on a 313 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Brook Rise, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2A, Brook Rise, Chigwell has 31 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated July 2010.
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 2A Brook Rise Chigwell as £1,092,748 and the rental value as £3,757 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2A Brook Rise Chigwell has increased by £13,650 (1.2%) and its rental value has increased by £117 per month (3.1%).
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 2A, Brook Rise, Chigwell is in very good condition we estimate a sale value of £1,147,385 and rental value of £3,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,016,255 and a rental value of £3,494 per month.
If you were able to purchase this property for the estimated value of £1,092,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,371 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 data from HM Land Registry, 2A, Brook Rise, Chigwell sits on a plot of 313m2.
We have plot size data on 11 out of 30 other houses in the postcode and 2A, Brook Rise, Chigwell sits on the 10th largest plot.
According to HM Land Registry, 2A, Brook Rise, Chigwell was last sold on 19 Aug 2016 for £812,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2016, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Brook Rise, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 35, Chester Road, Chigwell, IG7 6AH, a Freehold house which sold for £1,100,000 in Sep 2023.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Rise, Chigwell, IG7 has a total of 30 addresses. According to our analysis of all the public data, 2A, Brook Rise, Chigwell is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £424k more expensive than the average property in IG7.
2A, Brook Rise, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2010.
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 2A, Brook Rise, Chigwell is Chigwell station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Brook Rise, Chigwell, 50.4% of property is privately owned outright and 43.2% 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 2A, Brook Rise, Chigwell, 22.7% of residents are recorded as possessing school level qualifications and 50.6% 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 2A, Brook Rise, 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 2A, Brook Rise, Chigwell, 1.5% 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 2A, Brook Rise, 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.