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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 Socketts Cottages, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 940 ft2 of internal area and sits on a 130 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Socketts Cottages, Chigwell is £443,909 and the estimated rental value is £2,240 per month.
Lambourne Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2 Socketts Cottages, Chigwell has 41 entries in the Land Registry , most recently in August 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Socketts Cottages, Chigwell is in very good condition we estimate a sale value of £466,105 and a rental value of £2,352 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,836 and a rental value of £2,083 per month.
Over the last 12 months the sale value of 2 Socketts Cottages Chigwell has decreased by an estimated £3,899 (0.9%) and its rental value has increased by an estimated £68 per month (3.0%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 2 Socketts Cottages, Chigwell sits on a plot of 130m2.
According to HM Land Registry, 2 Socketts Cottages, Chigwell was last sold on 5th August 2015 for £315,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2015, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Socketts Cottages, Chigwell within a radius of 870 metres over the last 2 years.
The most recent example is 6 Crosby Court, Lambourne Road, Chigwell, IG7 6JT, a freehold house which sold for £447,500 on the 20th September 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambourne Road, Chigwell, IG7 has a total of 173 addresses. According to our analysis of all the public data, 2 Socketts Cottages, Chigwell is the 106th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in IG7.
The nearest school is Coppice Primary School which is 760 metres away. The nearest train station is Grange Hill which is 1.5 kilometres away.
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