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According to the public record, 2, Lingmere Close, Chigwell is a mid-century freehold house with 3,530 ft2 of internal area and sits on a 831 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lingmere Close, Chigwell is £2,368,517 and the estimated rental value is £5,661 per month.
Lingmere Close, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2, Lingmere Close, Chigwell has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated September 2012.
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, Lingmere Close, Chigwell is in very good condition we estimate a sale value of £2,486,943 and a rental value of £5,944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,202,721 and a rental value of £5,265 per month.
Over the last 12 months the sale value of 2 Lingmere Close Chigwell has decreased by an estimated £43,128 (1.8%) and its rental value has increased by an estimated £109 per month (1.9%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, 2, Lingmere Close, Chigwell sits on a plot of 831m2.
We have plot size data on 8 out of 9 other houses in the postcode and 2, Lingmere Close, Chigwell sits on the 6th largest plot.
2, Lingmere Close, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2012.
The property is not 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, Lingmere Close, Chigwell was last sold on 13th October 2022 for £2,400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lingmere Close, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 2, Parkland Close, Chigwell, IG7 6LL, a freehold house which sold for £2,000,000 on the 10th May 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lingmere Close, Chigwell, IG7 has a total of 9 addresses. According to our analysis of all the public data, 2, Lingmere Close, Chigwell is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £1.727m more expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 216 metres away. The nearest train station is Chigwell which is 1.0 kilometres away.
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