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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
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According to the public record, 71, Five Oaks Lane, Chigwell is a modern freehold house with 1,388 ft2 of internal area and sits on a 184 m2 plot.
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 71, Five Oaks Lane, Chigwell is £689,269 and the estimated rental value is £2,815 per month.
Five Oaks Lane, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
71, Five Oaks Lane, Chigwell has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 71, Five Oaks Lane, Chigwell is in very good condition we estimate a sale value of £723,733 and a rental value of £2,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,020 and a rental value of £2,618 per month.
Over the last 12 months the sale value of 71 Five Oaks Lane Chigwell has increased by an estimated £4,720 (0.7%) and its rental value has increased by an estimated £83 per month (2.9%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 71, Five Oaks Lane, Chigwell sits on a plot of 184m2.
We have plot size data on 41 out of 48 other houses in the postcode and 71, Five Oaks Lane, Chigwell sits on the 19th largest plot.
71, Five Oaks Lane, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2020.
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, 71, Five Oaks Lane, Chigwell was last sold on 21st February 2020 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Five Oaks Lane, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 83, Five Oaks Lane, Chigwell, IG7 4FJ, a freehold house which sold for £580,000 on the 26th August 2020.
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, 71, Five Oaks Lane, Chigwell is the 15th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £48k more 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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