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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
According to the public record, 2, Westmede, Chigwell is a mid-century freehold house with 2,454 ft2 of internal area and sits on a 168 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, Westmede, Chigwell is £809,849 and the estimated rental value is £3,038 per month.
Westmede, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
2, Westmede, Chigwell has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated July 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, Westmede, Chigwell is in very good condition we estimate a sale value of £850,341 and a rental value of £3,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £753,159 and a rental value of £2,825 per month.
Over the last 12 months the sale value of 2 Westmede Chigwell has decreased by an estimated £14,746 (1.8%) and its rental value has increased by an estimated £59 per month (1.9%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Westmede, Chigwell sits on a plot of 168m2.
We have plot size data on 16 out of 17 other houses in the postcode and 2, Westmede, Chigwell sits on the 9th largest plot.
2, Westmede, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2022.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Westmede, Chigwell was last sold on 28th July 2010 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Westmede, Chigwell within a radius of 420 metres over the last 2 years.
The most recent example is 390, Fencepiece Road, Chigwell, IG7 5DY, a freehold house which sold for £900,000 on the 23rd August 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westmede, Chigwell, IG7 has a total of 25 addresses. According to our analysis of all the public data, 2, Westmede, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 251 metres away. The nearest train station is Hainault which is 700 metres away.
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