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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
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According to the public record, 4 The Lanterns, Chigwell is a period freehold house with 656 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 4 The Lanterns, Chigwell is £557,572 and the estimated rental value is £1,894 per month.
High Road, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
4 The Lanterns, Chigwell has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 4 The Lanterns, Chigwell is in very good condition we estimate a sale value of £585,450 and a rental value of £1,989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,542 and a rental value of £1,762 per month.
Over the last 12 months the sale value of 4 The Lanterns Chigwell has decreased by an estimated £13,472 (2.4%) and its rental value has increased by an estimated £62 per month (3.3%), giving an expected gross yield of 4.1%.
4 The Lanterns, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4 The Lanterns, Chigwell was last sold on 3rd July 2015 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2015, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 The Lanterns, Chigwell within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 122, Lechmere Avenue, Chigwell, IG7 5EU, a freehold house which sold for £447,500 on the 13th March 2020.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Chigwell, IG7 has a total of 262 addresses. According to our analysis of all the public data, 4 The Lanterns, Chigwell is the 244th largest and the 177th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in IG7.
The nearest school is West Hatch High School which is 900 metres away. The nearest train station is Chigwell which is 100 metres away.
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