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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, 78, Lechmere Avenue, Chigwell is a mid-century freehold house with 678 ft2 of internal area and sits on a 296 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 78, Lechmere Avenue, Chigwell is £486,714 and the estimated rental value is £2,282 per month.
Lechmere Avenue, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
78, Lechmere Avenue, Chigwell has 41 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated October 2013.
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 78, Lechmere Avenue, Chigwell is in very good condition we estimate a sale value of £511,050 and a rental value of £2,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,644 and a rental value of £2,123 per month.
Over the last 12 months the sale value of 78 Lechmere Avenue Chigwell has decreased by an estimated £11,760 (2.4%) and its rental value has increased by an estimated £74 per month (3.3%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 78, Lechmere Avenue, Chigwell sits on a plot of 296m2.
We have plot size data on 20 out of 29 other houses in the postcode and 78, Lechmere Avenue, Chigwell sits on the 5th largest plot.
78, Lechmere Avenue, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 78, Lechmere Avenue, Chigwell was last sold on 10th July 2020 for £450,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2020, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Lechmere Avenue, Chigwell within a radius of 830 metres over the last 2 years.
The most recent example is 83, Lechmere Avenue, Chigwell, IG7 5EZ, a freehold house which sold for £435,000 on the 17th November 2020.
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, 78, Lechmere Avenue, Chigwell is the 107th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in IG7.
The nearest school is Limes Farm Junior School which is 900 metres away. The nearest train station is Chigwell which is 500 metres away.
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