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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 75, Five Oaks Lane, Chigwell is £813,714 and the estimated rental value is £3,014 per month.
Five Oaks Lane, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
75, Five Oaks Lane, Chigwell has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated February 2020.
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 75, Five Oaks Lane, Chigwell is in very good condition we estimate a sale value of £854,400 and a rental value of £3,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £756,754 and a rental value of £2,803 per month.
Over the last 12 months the sale value of 75 Five Oaks Lane Chigwell has increased by an estimated £5,572 (0.7%) and its rental value has increased by an estimated £88 per month (2.9%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 75, Five Oaks Lane, Chigwell sits on a plot of 423m2.
We have plot size data on 41 out of 48 other houses in the postcode and 75, Five Oaks Lane, Chigwell sits on the largest plot.
75, Five Oaks Lane, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Feb 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, 75, Five Oaks Lane, Chigwell was last sold on 21st August 2020 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2020, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 75, Five Oaks Lane, Chigwell within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 66, Five Oaks Lane, Chigwell, IG7 4FH, a freehold house which sold for £705,000 on the 26th July 2019.
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, 75, Five Oaks Lane, Chigwell is the 8th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £172k 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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