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According to the public record, 52, Five Oaks Lane, Chigwell is a modern freehold house with 710 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 52, Five Oaks Lane, Chigwell is £479,440 and the estimated rental value is £2,002 per month.
Five Oaks Lane, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
52, Five Oaks Lane, Chigwell has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated May 2018.
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 52, Five Oaks Lane, Chigwell is in very good condition we estimate a sale value of £503,412 and a rental value of £2,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,879 and a rental value of £1,862 per month.
Over the last 12 months the sale value of 52 Five Oaks Lane Chigwell has decreased by an estimated £4,211 (0.9%) and its rental value has increased by an estimated £61 per month (3.0%), giving an expected gross yield of 5%.
52, Five Oaks Lane, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 52, Five Oaks Lane, Chigwell was last sold on 30th November 2023 for £432,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has dropped 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Five Oaks Lane, Chigwell within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 65, Five Oaks Lane, Chigwell, IG7 4FJ, a freehold house which sold for £430,000 on the 18th December 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Five Oaks Lane, Chigwell, IG7 has a total of 127 addresses. According to our analysis of all the public data, 52, Five Oaks Lane, Chigwell is the 68th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in IG7.
The nearest school is Oasis Academy Pinewood which is 1.4 kilometres away. The nearest train station is Hainault which is 3.4 kilometres away.
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