1 Westmede

    1, WESTMEDE, CHIGWELL, CHIGWELL, IG7 5LR

    This terraced freehold property on Westmede last sold in July 2008 for £249,000. Based on price growth in the IG7 district since then, its estimated current value is £473,760 — placing it in the 76th percentile nationally and the 42nd percentile within IG7. The property covers 80 m² (861 sq ft), giving an estimated value of £5,922 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £249,000

    Jul 2008

    Estimated Valuation

    £473,760

    Est. £/sq ft

    £550/sq ft

    £5,922/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jul 2008

    £249,000

    5 Jul 2000

    £117,000

    Key Metrics

    Estimated valuation£473,760
    Value per sq ft / m²£550/sq ft (£5,922/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile42nd percentile
    National percentile76th 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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