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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 The Lanterns, Chigwell is a period freehold house with 635 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Lanterns, Chigwell is £194,084 and the estimated rental value is £1,244 per month.
High Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2 The Lanterns, Chigwell has 2 entries in the Land Registry , most recently in June 2013 and a single entry in the EPC database dated June 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.
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 2 The Lanterns, Chigwell is in very good condition we estimate a sale value of £203,788 and a rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,498 and a rental value of £1,157 per month.
Over the last 12 months the sale value of 2 The Lanterns Chigwell has decreased by an estimated £4,689 (2.4%) and its rental value has increased by an estimated £41 per month (3.3%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 2 The Lanterns, Chigwell sits on a plot of 199m2.
We have plot size data on 7 out of 10 other houses in the postcode and 2 The Lanterns, Chigwell sits on the 6th largest plot.
2 The Lanterns, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2022.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 The Lanterns, Chigwell was last sold on 26th June 2013 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2013, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.1 kilometres radius of 2 The Lanterns, Chigwell over the last 2 years.
The most recent example is 1 The Lanterns, High Road, Chigwell, IG7 5AS, a freehold house which sold for £489,995 on the 10th June 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chigwell, IG7 has a total of 262 addresses. According to our analysis of all the public data, 2 The Lanterns, Chigwell is the 248th largest and the 262nd most expensive property on the street.
When compared to the postcode district it is £442k less expensive than the average property in IG7.
The nearest school is West Hatch High School which is 900 metres away. The nearest train station is Chigwell which is 100 metres away.
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