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According to the public record, 32, Five Oaks Lane, Chigwell is a modern freehold house with 1,367 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Five Oaks Lane, Chigwell is £714,138 and the estimated rental value is £2,738 per month.
Five Oaks Lane, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
32, Five Oaks Lane, Chigwell has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated August 2017.
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 32, Five Oaks Lane, Chigwell is in very good condition we estimate a sale value of £749,845 and a rental value of £2,875 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £664,148 and a rental value of £2,547 per month.
Over the last 12 months the sale value of 32 Five Oaks Lane Chigwell has increased by an estimated £4,890 (0.7%) and its rental value has increased by an estimated £80 per month (2.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 32, Five Oaks Lane, Chigwell sits on a plot of 230m2.
We have plot size data on 28 out of 33 other houses in the postcode and 32, Five Oaks Lane, Chigwell sits on the 12th largest plot.
32, Five Oaks Lane, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Five Oaks Lane, Chigwell was last sold on 29th September 2017 for £565,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2017, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Five Oaks Lane, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 11, Five Oaks Lane, Chigwell, IG7 4FJ, a freehold house which sold for £595,000 on the 30th November 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Five Oaks Lane, Chigwell, IG7 has a total of 127 addresses. According to our analysis of all the public data, 32, Five Oaks Lane, Chigwell is the 31st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.4 kilometres away. The nearest train station is Hainault which is 3.4 kilometres away.
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