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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 23, Lee Grove, Chigwell is £2,322,787 and the estimated rental value is £5,552 per month.
Lee Grove, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
23, Lee Grove, Chigwell has a single entry in the Land Registry from August 2014 and a single entry in the EPC database dated November 2013.
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 23, Lee Grove, Chigwell is in very good condition we estimate a sale value of £2,438,926 and a rental value of £5,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,160,192 and a rental value of £5,163 per month.
Over the last 12 months the sale value of 23 Lee Grove Chigwell has decreased by an estimated £42,295 (1.8%) and its rental value has increased by an estimated £107 per month (1.9%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, 23, Lee Grove, Chigwell sits on a plot of 815m2.
We have plot size data on 26 out of 26 other houses in the postcode and 23, Lee Grove, Chigwell sits on the 22nd largest plot.
23, Lee Grove, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Nov 2013.
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, 23, Lee Grove, Chigwell was last sold on 26th August 2014 for £1,050,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Lee Grove, Chigwell within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 10, Meadow Way, Chigwell, IG7 6LP, a freehold house which sold for £2,250,000 on the 20th May 2022.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee Grove, Chigwell, IG7 has a total of 44 addresses. According to our analysis of all the public data, 23, Lee Grove, Chigwell is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.681m more expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 918 metres away. The nearest train station is Chigwell which is 500 metres away.
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