9, New Forest Lane
9, New Forest Lane
Description & Estimates
The public record lists 9, New Forest Lane, Chigwell as a freehold house sitting on a 896 m2 plot.
Comparison with its neighbours suggests an early-century house with 2,772 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
9, New Forest Lane, Chigwell has an estimated sale value of £1,791,624 and an estimated rental value of £3,700 per month, assuming reasonable condition and based on the information available.
New Forest Lane, Chigwell, IG7 lies in the borough of Epping Forest, within the IG7 postal district.
Our Data Sources
9, New Forest Lane, Chigwell has 31 entries in the Land Registry , most recently in October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 9, New Forest Lane, Chigwell would be worth £1,881,206, with a potential rental value of £3,885 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,666,211, with a rental value of £3,441 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 9, New Forest Lane, Chigwell has moved down by £57,846 (3.2%) over the last year. During the same period, its estimated monthly rental value has increased by £72 (2.0%). The property's estimated gross yield is currently 2.5%.
Plot Size
9, New Forest Lane, Chigwell occupies a 896 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 13th largest.
Sold Prices
9, New Forest Lane, Chigwell last changed hands on 12th October 2007, selling for £1,450,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 41.9% since October 2007.
- Sold Oct 2007£1,450,000
- Sold Mar 2005£930,000
- Sold Feb 1995£210,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 9, New Forest Lane, Chigwell across the last 2 years.
Most recently, 5, Clarence Gate, Woodford Green, IG8 8GN, a freehold house, sold at £1,700,000 on the 19th March 2021.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 9, New Forest Lane, Chigwell as the 10th largest and the 7th most expensive of the 18 addresses on New Forest Lane, Chigwell, IG7.
Against the IG7 postcode district average, it is £1.156m more expensive than the typical property.
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Schools Nearby
- 1.0kmRoding Primary School
- 1.2kmFairlop Primary School
- 1.3kmLimes Farm Junior School
- 700mWest Hatch High School
- 1.6kmCaterham High School
- 1.8kmIlford County High School
More reading links
Public Transport Nearby
Chigwell station is the nearest stop to 9, New Forest Lane, Chigwell at 1.2 kilometres away.
- 1.2kmChigwell
- 1.7kmGrange Hill
- 1.7kmHainault
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
