According to the public record, Flat 8, Imperial Heights 126, Chigwell is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Imperial Heights, Manor Road, Chigwell, IG7.
Manor Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
Flat 8, Imperial Heights 126, Chigwell has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated April 2019.
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 good condition, we estimate the current sale value for Flat 8 Imperial Heights 126 Chigwell as £440,233 and the rental value as £2,117 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 8 Imperial Heights 126 Chigwell has increased by £8,056 (1.8%) and its rental value has increased by £84 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 Flat 8, Imperial Heights 126, Chigwell is in very good condition we estimate a sale value of £462,244 and rental value of £2,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £409,416 and a rental value of £1,968 per month.
If you were able to purchase this property for the estimated value of £440,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,164 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, Flat 8, Imperial Heights 126, Chigwell was last sold on 05 May 2023 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 630 metres radius of Flat 8, Imperial Heights 126, Chigwell over the last 2 years.
The most recent example is Flat 10, Imperial Heights 126, Manor Road, Chigwell, IG7 5PR, a Leasehold flat which sold for £725,000 in May 2023.
Read more about house prices in IG7.
Manor Road, Chigwell, IG7 has a total of 294 addresses. According to our analysis of all the public data, Flat 8, Imperial Heights 126, Chigwell is the 280th largest and the 227th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in IG7.
Flat 8, Imperial Heights 126, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Apr 2019.
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 Flat 8, Imperial Heights 126, 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 Flat 8, Imperial Heights 126, 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 Flat 8, Imperial Heights 126, 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 Flat 8, Imperial Heights 126, 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 Flat 8, Imperial Heights 126, 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 Flat 8, Imperial Heights 126, 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.