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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 47, Lee Grove, Chigwell is £1,402,536 and the estimated rental value is £4,111 per month.
Lee Grove, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
47, Lee Grove, Chigwell has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated March 2023.
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 47, Lee Grove, Chigwell is in very good condition we estimate a sale value of £1,472,663 and a rental value of £4,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,304,358 and a rental value of £3,823 per month.
Over the last 12 months the sale value of 47 Lee Grove Chigwell has increased by an estimated £9,604 (0.7%) and its rental value has increased by an estimated £121 per month (2.9%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 47, Lee Grove, Chigwell sits on a plot of 974m2.
We have plot size data on 26 out of 26 other houses in the postcode and 47, Lee Grove, Chigwell sits on the 11th largest plot.
47, Lee Grove, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2023.
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, 47, Lee Grove, Chigwell was last sold on 28th June 2023 for £1,597,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Lee Grove, Chigwell within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 2, Brook Way, Chigwell, IG7 6AA, a freehold house which sold for £1,175,000 on the 24th June 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee Grove, Chigwell, IG7 has a total of 44 addresses. According to our analysis of all the public data, 47, Lee Grove, Chigwell is the 33rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £761k more expensive than the average property in IG7.
The nearest school is Chigwell Primary Academy which is 918 metres away. The nearest train station is Chigwell which is 500 metres away.
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