40 Lechmere Avenue

    40, LECHMERE AVENUE, CHIGWELL, CHIGWELL, IG7 5ET

    This detached freehold property on Lechmere Avenue last sold in July 2006 for £500,000. Based on price growth in the IG7 district since then, its estimated current value is £1,015,066 — placing it in the 96th percentile nationally and the 78th percentile within IG7. The property covers 141 m² (1,518 sq ft), giving an estimated value of £7,199 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,518 sq ft

    141 m²

    Last Sale Price

    £500,000

    Jul 2006

    Estimated Valuation

    £1,015,066

    Est. £/sq ft

    £669/sq ft

    £7,199/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,518 sq ft (141 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2006

    £500,000

    10 Sept 2004

    £365,000

    Key Metrics

    Estimated valuation£1,015,066
    Value per sq ft / m²£669/sq ft (£7,199/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile78th percentile
    National percentile96th percentile

    District Context — IG7

    IG7 covers the Loughton and Theydon Bois areas in Essex, positioned on the edge of Greater London within the Epping Forest district. It is an affluent, well-established suburban community with strong commuter appeal and good access to green spaces.

    Average Property Price - IG7

    £659,630

    92

    National percentile

    Average Net Household Income - IG7

    £51,490

    91

    National percentile

    10-Year Annualised Price Growth - IG7

    3.3%

    37

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG7

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