2 Forest House Fields, Chigwell
2 Forest House Fields, Chigwell
Description & Estimates
2 Forest House Fields, Chigwell is recorded publicly as a mid-century freehold house across 2,917 ft2 of internal area, sitting on a 1,767 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 2 Forest House Fields, Chigwell is £1,661,669 and its rental estimate is £3,253 per month, given the available information and assuming reasonable condition.
Vicarage Lane, Chigwell, IG7 falls within the IG7 postal district, in the borough of Epping Forest.
Our Data Sources
2 Forest House Fields, Chigwell has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated July 2014.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Forest House Fields, Chigwell, we estimate a market value of £1,744,753 and a rental value of £3,416 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,545,353 and £3,025 per month respectively.
Recent Market Change
Over the last year, 2 Forest House Fields, Chigwell has seen its estimated sale value fall by £53,651 (3.2%) and its estimated rental value move up by £64 per month (2.0%). This results in an estimated gross rental yield of 2.3%.
Plot Size
HM Land Registry records the plot of land for 2 Forest House Fields, Chigwell as measuring 1,767 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 4 other houses have recorded plot data.
Energy Efficiency
2 Forest House Fields, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 Forest House Fields, Chigwell completed on 8th December 2014 at £1,252,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 66.2% over the period since December 2014.
- Sold Dec 2014£1,252,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Forest House Fields, Chigwell have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was Dene House, Chapel Lane, Chigwell, IG7 6JJ, a freehold house which sold for £1,547,500.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 36 addresses on Vicarage Lane, Chigwell, IG7, 2 Forest House Fields, Chigwell comes out as the 10th largest and the 9th most expensive in our analysis of the public data.
It is also £1.026m more expensive than the average property across the IG7 district.
More reading links
Schools Nearby
- 800mManford Primary School
- 1.2kmCoppice Primary School
- 1.2kmLimes Farm Junior School
- 1.5kmForest Academy
- 2.5kmWest Hatch High School
- 2.7kmKing Solomon High School
More reading links
Public Transport Nearby
From 2 Forest House Fields, Chigwell, the nearest station is Grange Hill, 600 metres away.
- 600mGrange Hill
- 1.5kmHainault
- 1.6kmChigwell
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
