Lechmere Avenue - IG7 5EU
Key Postcode Insights
IG7 5EU is a residential postcode situated on Lechmere Avenue, Chigwell, IG7 with 29 addresses.
It ranks as the 377th largest and 258th 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 29 properties: 29 houses.
- Ave. Sale Price
- £571,467
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £2,485pcm
- 10 Year change
- up 41.9%
- Ave. £ per ft²
- £668/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
IG7 5EU is a residential postcode situated on Lechmere Avenue, Chigwell, IG7 with 29 addresses.
It ranks as the 377th largest and 258th 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 29 properties: 29 houses.
- Ave. Sale Price
- £571,467
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £2,485pcm
- 10 Year change
- up 41.9%
- Ave. £ per ft²
- £668/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin IG7 5EU
- 66 Lechmere Avenue
3 Bed Early-century House
- 68 Lechmere Avenue
3 Bed Mid-century House
- 70 Lechmere Avenue
4 Bed Early-century House
- 72 Lechmere Avenue
Unknown
- 74 Lechmere Avenue
3 Bed Early-century House
Sales Market Trends
The last sale in IG7 5EU sold for £610,000 on 27th November 2023. Since then prices are down an average of 0.2%.
The current average value in the postcode is £571,467.
The IG7 5EU Sales Market has increased by 27.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £571,467 |
| June 2025 | 5.2% | £580,160 |
| June 2024 | -4.1% | £551,435 |
| June 2023 | 2.1% | £574,915 |
| June 2022 | 6.4% | £563,217 |
| June 2021 | 8.1% | £529,416 |
| June 2020 | -1% | £489,706 |
| June 2019 | 1.7% | £494,887 |
| June 2018 | 0.6% | £486,740 |
| June 2017 | 7.5% | £483,965 |
| June 2016 | 9.5% | £450,003 |
| June 2015 | 6.7% | £411,121 |
| June 2014 | 11.7% | £385,228 |
| June 2013 | 5.3% | £344,744 |
| June 2012 | -1.9% | £327,281 |
| June 2011 | 2.5% | £333,790 |
| June 2010 | 10.1% | £325,539 |
| June 2009 | -0.9% | £295,614 |
| June 2008 | 3.2% | £298,176 |
| June 2007 | 0% | £288,921 |
Rental Market Trends
The current average rental value in the postcode is £2,485.
The IG7 5EU Rental Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £2,485pcm |
| June 2025 | 3.5% | £2,440pcm |
| June 2024 | 2.7% | £2,358pcm |
| June 2023 | 14.6% | £2,296pcm |
| June 2022 | 4.3% | £2,004pcm |
| June 2021 | 8.7% | £1,921pcm |
| June 2020 | 1.4% | £1,768pcm |
| June 2019 | 0.2% | £1,743pcm |
| June 2018 | 0.9% | £1,739pcm |
| June 2017 | -1.5% | £1,724pcm |
| June 2016 | 1.6% | £1,751pcm |
| June 2015 | 4.8% | £1,724pcm |
| June 2014 | 16% | £1,645pcm |
| June 2013 | -3% | £1,417pcm |
| June 2012 | 9.1% | £1,461pcm |
| June 2011 | 9.6% | £1,339pcm |
| June 2010 | 3.9% | £1,221pcm |
| June 2009 | -8.9% | £1,176pcm |
| June 2008 | 5.7% | £1,290pcm |
| June 2007 | 0% | £1,220pcm |
Sales History
The last sale was on 27th November 2023 for £610,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 33 sales since 1995.
IG7 5EU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£610,000 | 3 Bed House120, Lechmere Avenue, Chigwell, IG7 5EU120, Lechmere Avenue, Chigwell, IG7 5EU
- Sold Feb 2022£900,000 | 3 Bed House74, Lechmere Avenue, Chigwell, IG7 5EU74, Lechmere Avenue, Chigwell, IG7 5EU
- Sold Aug 2021£645,000 | 3 Bed House74, Lechmere Avenue, Chigwell, IG7 5EU74, Lechmere Avenue, Chigwell, IG7 5EU
- Sold May 2021£830,000 | 4 Bed House94, Lechmere Avenue, Chigwell, IG7 5EU94, Lechmere Avenue, Chigwell, IG7 5EU
- Sold Apr 2021£440,000 | 3 Bed House102, Lechmere Avenue, Chigwell, IG7 5EU102, Lechmere Avenue, Chigwell, IG7 5EU
Nearby Postcodes
IG7 5EU is the 377th largest and the 258th most expensive postcode out of the 477 postcodes in the IG7 area.
- IG7 5EZ, Lechmere Avenue, Chigwell, IG7IG7 5EZ18 Addresses|47 m away
- IG7 5EX, The Chase, Chigwell, IG7IG7 5EX9 Addresses|101 m away
- IG7 5DJ, Hainault Grove, Chigwell, IG7IG7 5DJ8 Addresses|109 m away
- IG7 5DH, Hainault Road, Chigwell, IG7IG7 5DH28 Addresses|111 m away
- IG7 5HJ, Hycliffe Gardens, Chigwell, IG7IG7 5HJ43 Addresses|116 m away
Property Types
- 2 modern houses built after 1980
- 16 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- modern house (2)
- mid-century house (16)
- house (1)
- early-century house (3)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (0)
- C (6)
- G (0)
- D (11)
- No EPC (8)
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 School900 m away
- Limes Farm Infant School and Nursery900 m away
- Chigwell Primary Academy1.2 km away
- West Hatch High School1.3 km away
- King Solomon High School2.5 km away
- Forest Academy2.5 km away
More reading links
Public Transport Nearby
The closest station to IG7 5EU is Chigwell station, which is 500 metres away.
- Chigwell|500 m away
- Grange Hill|800 m away
- Hainault|1.5 km away
- Fairlop|2.3 km away
