23 Lechmere Avenue

    23, LECHMERE AVENUE, CHIGWELL, IG7 5HA

    This detached freehold property on Lechmere Avenue last sold in February 2021 for £975,000. Based on price growth in the IG7 district since then, its estimated current value is £1,040,141 — placing it in the 96th percentile nationally and the 79th percentile within IG7. The property covers 186 m² (2,002 sq ft), giving an estimated value of £5,592 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £975,000

    Feb 2021

    Estimated Valuation

    £1,040,141

    Est. £/sq ft

    £520/sq ft

    £5,592/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area2,002 sq ft (186 m²)
    EPC dateJul 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2021

    £975,000

    Key Metrics

    Estimated valuation£1,040,141
    Value per sq ft / m²£520/sq ft (£5,592/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile79th 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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