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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
According to the public record, 48, Forest Lane, Chigwell is a early-century freehold house with 2,152 ft2 of internal area and sits on a 1,154 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Forest Lane, Chigwell is £1,836,149 and the estimated rental value is £5,007 per month.
Forest Lane, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
48, Forest Lane, Chigwell has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property 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 48, Forest Lane, Chigwell is in very good condition we estimate a sale value of £1,927,956 and a rental value of £5,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,707,618 and a rental value of £4,657 per month.
Over the last 12 months the sale value of 48 Forest Lane Chigwell has decreased by an estimated £33,434 (1.8%) and its rental value has increased by an estimated £97 per month (1.9%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 48, Forest Lane, Chigwell sits on a plot of 1154m2.
We have plot size data on 21 out of 22 other houses in the postcode and 48, Forest Lane, Chigwell sits on the 17th largest plot.
48, Forest Lane, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 May 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 48, Forest Lane, Chigwell was last sold on 30th September 2014 for £1,300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has dropped 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Forest Lane, Chigwell within a radius of 790 metres over the last 2 years.
The most recent example is 28A, Tomswood Road, Chigwell, IG7 5QS, a freehold house which sold for £1,650,000 on the 13th February 2024.
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, 48, Forest Lane, Chigwell is the 40th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £1.195m 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.
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