54 Lechmere Avenue

    54, LECHMERE AVENUE, CHIGWELL, IG7 5ET

    This detached freehold property on Lechmere Avenue last sold in February 2021 for £645,000. Based on price growth in the IG7 district since then, its estimated current value is £688,094 — placing it in the 90th percentile nationally and the 61st percentile within IG7. The property covers 111 m² (1,195 sq ft), giving an estimated value of £6,199 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £645,000

    Feb 2021

    Estimated Valuation

    £688,094

    Est. £/sq ft

    £576/sq ft

    £6,199/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateApr 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2021

    £645,000

    9 Apr 2004

    £340,000

    27 Sept 1996

    £130,000

    Key Metrics

    Estimated valuation£688,094
    Value per sq ft / m²£576/sq ft (£6,199/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile61st percentile
    National percentile90th 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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