Lechmere Avenue - IG7 5ET
Key Postcode Insights
IG7 5ET is a residential postcode situated on Lechmere Avenue, Chigwell, IG7 with 31 addresses.
It ranks as the 391st largest and 331st most expensive of the 477 postcodes in the IG7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £808,799
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £2,628pcm
- 10 Year change
- up 41.9%
- Ave. £ per ft²
- £653/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
IG7 5ET is a residential postcode situated on Lechmere Avenue, Chigwell, IG7 with 31 addresses.
It ranks as the 391st largest and 331st most expensive of the 477 postcodes in the IG7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £808,799
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £2,628pcm
- 10 Year change
- up 41.9%
- Ave. £ per ft²
- £653/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin IG7 5ET
- 2 Lechmere Avenue
Unknown
- 4 Lechmere Avenue
Unknown
- 6 Lechmere Avenue
3 Bed Mid-century House
- 8 Lechmere Avenue
3 Bed Mid-century House
- 10 Lechmere Avenue
4 Bed Mid-century House
Sales Market Trends
The last sale in IG7 5ET sold for £1,205,000 on 5th December 2024. Since then prices are up an average of 0.3%.
The current average value in the postcode is £808,799.
The IG7 5ET Sales Market has increased by 27.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £808,799 |
| June 2025 | 5.3% | £823,841 |
| June 2024 | -4.2% | £782,334 |
| June 2023 | 2% | £816,499 |
| June 2022 | 6.5% | £800,747 |
| June 2021 | 8.4% | £751,855 |
| June 2020 | -1.2% | £693,610 |
| June 2019 | 1.9% | £701,719 |
| June 2018 | 0.7% | £688,932 |
| June 2017 | 7.4% | £683,984 |
| June 2016 | 8.4% | £636,990 |
| June 2015 | 6% | £587,817 |
| June 2014 | 11.1% | £554,381 |
| June 2013 | 5.5% | £498,967 |
| June 2012 | -2.6% | £472,840 |
| June 2011 | 3.4% | £485,640 |
| June 2010 | 11% | £469,739 |
| June 2009 | -0.1% | £423,200 |
| June 2008 | 3.4% | £423,576 |
| June 2007 | 0% | £409,674 |
Rental Market Trends
The current average rental value in the postcode is £2,628.
The IG7 5ET Rental Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £2,628pcm |
| June 2025 | 3.6% | £2,589pcm |
| June 2024 | 2.6% | £2,500pcm |
| June 2023 | 14.4% | £2,436pcm |
| June 2022 | 4.4% | £2,128pcm |
| June 2021 | 8.9% | £2,038pcm |
| June 2020 | 1.3% | £1,871pcm |
| June 2019 | 0.4% | £1,846pcm |
| June 2018 | 1% | £1,839pcm |
| June 2017 | -1.7% | £1,821pcm |
| June 2016 | 0.6% | £1,852pcm |
| June 2015 | 4.1% | £1,841pcm |
| June 2014 | 15.4% | £1,768pcm |
| June 2013 | -2.8% | £1,533pcm |
| June 2012 | 8.4% | £1,577pcm |
| June 2011 | 10.5% | £1,455pcm |
| June 2010 | 4.7% | £1,317pcm |
| June 2009 | -8.1% | £1,257pcm |
| June 2008 | 5.9% | £1,369pcm |
| June 2007 | 0% | £1,293pcm |
Sales History
The last sale was on 5th December 2024 for £1,205,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 40 sales since 1995.
IG7 5ET has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£1,205,000 | 5 Bed House46, Lechmere Avenue, Chigwell, IG7 5ET46, Lechmere Avenue, Chigwell, IG7 5ET
- Sold Aug 2024£945,000 | 4 Bed House28, Lechmere Avenue, Chigwell, IG7 5ET28, Lechmere Avenue, Chigwell, IG7 5ET
- Sold Aug 2023£775,000 | 3 Bed House6, Lechmere Avenue, Chigwell, IG7 5ET6, Lechmere Avenue, Chigwell, IG7 5ET
- Sold Mar 2023£717,500 | 3 Bed House50, Lechmere Avenue, Chigwell, IG7 5ET50, Lechmere Avenue, Chigwell, IG7 5ET
- Sold Oct 2022£815,000 | 4 Bed House42, Lechmere Avenue, Chigwell, IG7 5ET42, Lechmere Avenue, Chigwell, IG7 5ET
Nearby Postcodes
IG7 5ET is the 391st largest and the 331st most expensive postcode out of the 477 postcodes in the IG7 area.
- IG7 5HA, Lechmere Avenue, Chigwell, IG7IG7 5HA30 Addresses|45 m away
- IG7 5HF, Fontayne Avenue, Chigwell, IG7IG7 5HF31 Addresses|91 m away
- IG7 5DL, Hainault Road, Chigwell, IG7IG7 5DL38 Addresses|112 m away
- IG7 5HD, Fontayne Avenue, Chigwell, IG7IG7 5HD21 Addresses|152 m away
- IG7 5HB, Fontayne Avenue, Chigwell, IG7IG7 5HB9 Addresses|176 m away
Property Types
- 16 mid-century houses built between 1936 and 1979
- 8 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (16)
- early-century house (8)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (7)
- G (1)
- D (9)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Dec 2024£1,205,000 | 5 Bed House46, Lechmere Avenue, Chigwell, IG7 5ET46, Lechmere Avenue, Chigwell, IG7 5ET
- Sold Aug 2022£980,000 | 4 Bed House25, Lechmere Avenue, Chigwell, IG7 5HA25, Lechmere Avenue, Chigwell, IG7 5HA
- Sold Feb 2021£975,000 | 5 Bed House23, Lechmere Avenue, Chigwell, IG7 5HA23, Lechmere Avenue, Chigwell, IG7 5HA
Schools Nearby
- Limes Farm Junior School600 m away
- Limes Farm Infant School and Nursery600 m away
- Manford Primary School1.3 km away
- West Hatch High School1.3 km away
- King Solomon High School2.2 km away
- Forest Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to IG7 5ET is Grange Hill station, which is 700 metres away.
- Grange Hill|700 m away
- Chigwell|700 m away
- Hainault|1.3 km away
- Fairlop|2.0 km away
