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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, 29, Forest Lane, Chigwell is a early-century freehold house with 2,281 ft2 of internal area and sits on a 1,264 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 29, Forest Lane, Chigwell is £1,773,019 and the estimated rental value is £4,701 per month.
Forest Lane, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
29, Forest Lane, Chigwell has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 29, Forest Lane, Chigwell is in very good condition we estimate a sale value of £1,861,670 and a rental value of £4,936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,648,907 and a rental value of £4,372 per month.
Over the last 12 months the sale value of 29 Forest Lane Chigwell has decreased by an estimated £32,285 (1.8%) and its rental value has increased by an estimated £91 per month (1.9%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 29, Forest Lane, Chigwell sits on a plot of 1264m2.
We have plot size data on 18 out of 21 other houses in the postcode and 29, Forest Lane, Chigwell sits on the 10th largest plot.
29, Forest Lane, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Nov 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 29, Forest Lane, Chigwell was last sold on 14th September 2020 for £1,825,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has dropped 30.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Forest Lane, Chigwell within a radius of 830 metres over the last 2 years.
The most recent example is 28A, Tomswood Road, Chigwell, IG7 5QS, a freehold house which sold for £1,650,000 on the 13th February 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Lane, Chigwell, IG7 has a total of 43 addresses. According to our analysis of all the public data, 29, Forest Lane, Chigwell is the 37th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £1.131m more expensive than the average property in IG7.
The nearest school is West Hatch High School which is 462 metres away. The nearest train station is Chigwell which is 900 metres away.
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