48 Lechmere Avenue

    48, LECHMERE AVENUE, CHIGWELL, IG7 5ET

    This detached freehold property on Lechmere Avenue last sold in May 2017 for £652,500. Based on price growth in the IG7 district since then, its estimated current value is £733,096 — placing it in the 91st percentile nationally and the 63rd percentile within IG7. The property covers 91 m² (980 sq ft), giving an estimated value of £8,056 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £652,500

    May 2017

    Estimated Valuation

    £733,096

    Est. £/sq ft

    £748/sq ft

    £8,056/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateNov 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2017

    £652,500

    Key Metrics

    Estimated valuation£733,096
    Value per sq ft / m²£748/sq ft (£8,056/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile63rd percentile
    National percentile91st 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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