Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 38, Forest Lane, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,224 ft2 of internal area and sits on a 1,167 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Forest Lane, Chigwell is £1,876,140 and the estimated rental value is £5,037 per month.
Forest Lane, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
38, Forest Lane, Chigwell has a single entry in the Land Registry from February 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 38, Forest Lane, Chigwell is in very good condition we estimate a sale value of £1,969,947 and a rental value of £5,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,744,810 and a rental value of £4,684 per month.
Over the last 12 months the sale value of 38 Forest Lane Chigwell has decreased by an estimated £34,162 (1.8%) and its rental value has increased by an estimated £97 per month (1.9%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 38, Forest Lane, Chigwell sits on a plot of 1167m2.
We have plot size data on 21 out of 22 other houses in the postcode and 38, Forest Lane, Chigwell sits on the 16th largest plot.
According to HM Land Registry, 38, Forest Lane, Chigwell was last sold on 1st February 2012 for £1,200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2012, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Forest Lane, Chigwell within a radius of 810 metres over the last 2 years.
The most recent example is 29, Forest Lane, Chigwell, IG7 5AF, a freehold house which sold for £1,825,000 on the 14th September 2020.
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, 38, Forest Lane, Chigwell is the 39th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £1.235m more expensive than the average property in IG7.
The nearest school is West Hatch High School which is 495 metres away. The nearest train station is Chigwell which is 900 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
