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According to the public record, 35, Five Oaks Lane, Chigwell is a modern freehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Five Oaks Lane, Chigwell is £471,614 and the estimated rental value is £2,105 per month.
Five Oaks Lane, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
35, Five Oaks Lane, Chigwell has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 35, Five Oaks Lane, Chigwell is in very good condition we estimate a sale value of £495,194 and a rental value of £2,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,601 and a rental value of £1,958 per month.
Over the last 12 months the sale value of 35 Five Oaks Lane Chigwell has decreased by an estimated £4,142 (0.9%) and its rental value has increased by an estimated £64 per month (3.0%), giving an expected gross yield of 5.4%.
35, Five Oaks Lane, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2021.
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, 35, Five Oaks Lane, Chigwell was last sold on 25th June 2021 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Five Oaks Lane, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 52, Five Oaks Lane, Chigwell, IG7 4FH, a freehold house which sold for £432,500 on the 30th November 2023.
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, 35, Five Oaks Lane, Chigwell is the 77th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £170k less 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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