3 Lechmere Avenue

    3, LECHMERE AVENUE, CHIGWELL, IG7 5HA

    This semi-detached freehold property on Lechmere Avenue last sold in April 2016 for £775,000. Based on price growth in the IG7 district since then, its estimated current value is £988,757 — placing it in the 96th percentile nationally and the 77th percentile within IG7. The property covers 169 m² (1,819 sq ft), giving an estimated value of £5,851 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £775,000

    Apr 2016

    Estimated Valuation

    £988,757

    Est. £/sq ft

    £544/sq ft

    £5,851/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,819 sq ft (169 m²)
    EPC dateOct 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Apr 2016

    £775,000

    13 May 1999

    £250,000

    30 Jan 1995

    £169,000

    Key Metrics

    Estimated valuation£988,757
    Value per sq ft / m²£544/sq ft (£5,851/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile77th 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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