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According to the public record, 6, Lechmere Avenue, Chigwell is a mid-century freehold house with 914 ft2 of internal area and sits on a 443 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 6, Lechmere Avenue, Chigwell is £670,290 and the estimated rental value is £2,436 per month.
Lechmere Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
6, Lechmere Avenue, Chigwell has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated April 2015.
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 6, Lechmere Avenue, Chigwell is in very good condition we estimate a sale value of £703,805 and a rental value of £2,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £623,370 and a rental value of £2,266 per month.
Over the last 12 months the sale value of 6 Lechmere Avenue Chigwell has decreased by an estimated £16,195 (2.4%) and its rental value has increased by an estimated £79 per month (3.3%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 6, Lechmere Avenue, Chigwell sits on a plot of 443m2.
We have plot size data on 30 out of 31 other houses in the postcode and 6, Lechmere Avenue, Chigwell sits on the 6th largest plot.
6, Lechmere Avenue, Chigwell has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Apr 2015.
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, 6, Lechmere Avenue, Chigwell was last sold on 1st August 2023 for £775,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2023, the market for similar properties has dropped 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Lechmere Avenue, Chigwell within a radius of 660 metres over the last 2 years.
The most recent example is 29, Grange Crescent, Chigwell, IG7 5JD, a freehold house which sold for £675,000 on the 13th November 2024.
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, 6, Lechmere Avenue, Chigwell is the 79th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £35k 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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