51 Lechmere Avenue

    51, LECHMERE AVENUE, WOODFORD GREEN, IG8 8QF

    This flat/maisonette leasehold property on Lechmere Avenue last sold in February 2015 for £297,000. Based on price growth in the IG8 district since then, its estimated current value is £340,175 — placing it in the 57th percentile nationally and the 15th percentile within IG8. The property covers 74 m² (797 sq ft), giving an estimated value of £4,597 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £297,000

    Feb 2015

    Estimated Valuation

    £340,175

    Est. £/sq ft

    £427/sq ft

    £4,597/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area797 sq ft (74 m²)
    EPC dateMay 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    27 Feb 2015

    £297,000

    22 Nov 2013

    £165,000

    Key Metrics

    Estimated valuation£340,175
    Value per sq ft / m²£427/sq ft (£4,597/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile15th percentile
    National percentile57th percentile

    District Context — IG8

    IG8 covers parts of Essex in the outer London commuter belt, including areas around Loughton and Theydon Bois. It is a suburban, family-oriented location with good transport links and relatively affluent demographics.

    Average Property Price - IG8

    £664,738

    92

    National percentile

    Average Net Household Income - IG8

    £55,092

    95

    National percentile

    10-Year Annualised Price Growth - IG8

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG8

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