70 Lechmere Avenue

    70, LECHMERE AVENUE, CHIGWELL, IG7 5EU

    This terraced freehold property on Lechmere Avenue last sold in August 2016 for £600,000. Based on price growth in the IG7 district since then, its estimated current value is £744,476 — placing it in the 91st percentile nationally and the 64th percentile within IG7. The property covers 145 m² (1,561 sq ft), giving an estimated value of £5,134 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,561 sq ft

    145 m²

    Last Sale Price

    £600,000

    Aug 2016

    Estimated Valuation

    £744,476

    Est. £/sq ft

    £477/sq ft

    £5,134/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,561 sq ft (145 m²)
    EPC dateSept 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2016

    £600,000

    28 Jan 2002

    £227,000

    10 Jul 2000

    £215,000

    Key Metrics

    Estimated valuation£744,476
    Value per sq ft / m²£477/sq ft (£5,134/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile64th 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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