5 Westmede

    5, WESTMEDE, CHIGWELL, IG7 5LR

    This terraced freehold property on Westmede last sold in September 2016 for £397,000. Based on price growth in the IG7 district since then, its estimated current value is £492,595 — placing it in the 78th percentile nationally and the 45th percentile within IG7. The property covers 80 m² (861 sq ft), giving an estimated value of £6,157 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

    £397,000

    Sept 2016

    Estimated Valuation

    £492,595

    Est. £/sq ft

    £572/sq ft

    £6,157/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2016

    £397,000

    11 Sept 2007

    £242,000

    1 Dec 2004

    £239,500

    Key Metrics

    Estimated valuation£492,595
    Value per sq ft / m²£572/sq ft (£6,157/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile45th percentile
    National percentile78th 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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