50 Lechmere Avenue

    50, LECHMERE AVENUE, CHIGWELL, IG7 5ET

    This semi-detached freehold property on Lechmere Avenue last sold in March 2023 for £717,500. Based on price growth in the IG7 district since then, its estimated current value is £786,056 — placing it in the 92nd percentile nationally and the 66th percentile within IG7. The property covers 99 m² (1,066 sq ft), giving an estimated value of £7,940 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £717,500

    Mar 2023

    Estimated Valuation

    £786,056

    Est. £/sq ft

    £738/sq ft

    £7,940/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,066 sq ft (99 m²)
    EPC dateDec 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2023

    £717,500

    Key Metrics

    Estimated valuation£786,056
    Value per sq ft / m²£738/sq ft (£7,940/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile66th percentile
    National percentile92nd 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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