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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, Lechmere Avenue, Chigwell is a mid-century freehold house with 979 ft2 of internal area and sits on a 406 m2 plot.
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 48, Lechmere Avenue, Chigwell is £695,724 and the estimated rental value is £2,493 per month.
Lechmere Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
48, Lechmere Avenue, Chigwell has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 48, Lechmere Avenue, Chigwell is in very good condition we estimate a sale value of £730,510 and a rental value of £2,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £647,023 and a rental value of £2,319 per month.
Over the last 12 months the sale value of 48 Lechmere Avenue Chigwell has decreased by an estimated £16,810 (2.4%) and its rental value has increased by an estimated £81 per month (3.3%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 48, Lechmere Avenue, Chigwell sits on a plot of 406m2.
We have plot size data on 30 out of 31 other houses in the postcode and 48, Lechmere Avenue, Chigwell sits on the 26th largest plot.
48, Lechmere Avenue, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2016.
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, 48, Lechmere Avenue, Chigwell was last sold on 10th May 2017 for £652,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Lechmere Avenue, Chigwell within a radius of 790 metres over the last 2 years.
The most recent example is 6, Lechmere Avenue, Chigwell, IG7 5ET, a freehold house which sold for £775,000 on the 1st August 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lechmere Avenue, Chigwell, IG7 has a total of 108 addresses. According to our analysis of all the public data, 48, Lechmere Avenue, Chigwell is the 72nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 600 metres away. The nearest train station is Grange Hill which is 700 metres away.
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