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According to the public record, 2, Lambourne Close, Chigwell is a modern freehold house with 2,561 ft2 of internal area and sits on a 375 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lambourne Close, Chigwell is £1,059,463 and the estimated rental value is £3,065 per month.
Lambourne Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2, Lambourne Close, Chigwell has 3 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Lambourne Close, Chigwell is in very good condition we estimate a sale value of £1,112,436 and a rental value of £3,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £985,300 and a rental value of £2,851 per month.
Over the last 12 months the sale value of 2 Lambourne Close Chigwell has decreased by an estimated £19,292 (1.8%) and its rental value has increased by an estimated £59 per month (1.9%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 2, Lambourne Close, Chigwell sits on a plot of 375m2.
We have plot size data on 13 out of 13 other houses in the postcode and 2, Lambourne Close, Chigwell sits on the 8th largest plot.
2, Lambourne Close, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lambourne Close, Chigwell was last sold on 28th June 2024 for £1,110,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2024, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lambourne Close, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 18, Sylvan Way, Chigwell, IG7 4QB, a freehold house which sold for £900,000 on the 1st November 2019.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambourne Close, Chigwell, IG7 has a total of 13 addresses. According to our analysis of all the public data, 2, Lambourne Close, Chigwell is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £418k more expensive than the average property in IG7.
The nearest school is Chigwell Row Infant School which is 294 metres away. The nearest train station is Grange Hill which is 2.0 kilometres away.
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