1 The Lanterns, Chigwell
1 The Lanterns, Chigwell
Description & Estimates
Public records show 1 The Lanterns, Chigwell to be a period freehold house with 3,347 ft2 of internal area, sitting on a 197 m2 plot.
In this area, houses of this size normally have 6 bedrooms with a garden.
1 The Lanterns, Chigwell has an estimated sale value of £495,438 and an estimated rental value of £1,647 per month, assuming reasonable condition and based on the information available.
High Road, Chigwell, IG7 lies in the borough of Epping Forest, within the IG7 postal district.
Our Data Sources
1 The Lanterns, Chigwell has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1 The Lanterns, Chigwell would be worth £520,210, with a potential rental value of £1,729 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £460,758, with a rental value of £1,531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 The Lanterns, Chigwell has fallen by £15,996 (3.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (2.0%). The property's estimated gross yield is currently 4.0%.
Plot Size
1 The Lanterns, Chigwell occupies a 197 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
1 The Lanterns, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1 The Lanterns, Chigwell last changed hands on 10th June 2022, selling for £489,995. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 16.7% since June 2022.
- Sold Jun 2022£489,995
- Sold Jun 1998£127,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 1.1 kilometres of 1 The Lanterns, Chigwell across the last 2 years.
Most recently, 4 The Lanterns, High Road, Chigwell, IG7 5AS, a freehold house, sold at £400,000 on the 3rd July 2015.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1 The Lanterns, Chigwell as the 35th largest and the 193rd most expensive of the 262 addresses on High Road, Chigwell, IG7.
Against the IG7 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- 1.3kmChigwell Primary Academy
- 1.4kmLimes Farm Junior School
- 1.4kmLimes Farm Infant School and Nursery
- 900mWest Hatch High School
- 2.8kmCaterham High School
- 2.8kmKing Solomon High School
More reading links
Public Transport Nearby
Chigwell station is the nearest stop to 1 The Lanterns, Chigwell at 100 metres away.
- 100mChigwell
- 1.4kmGrange Hill
- 2.0kmHainault
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
