54 Lechmere Avenue

    54, LECHMERE AVENUE, WOODFORD GREEN, IG8 8QQ

    This flat/maisonette leasehold property on Lechmere Avenue last sold in February 2021 for £345,000. Based on price growth in the IG8 district since then, its estimated current value is £327,212 — placing it in the 55th percentile nationally and the 14th percentile within IG8. The property covers 62 m² (667 sq ft), giving an estimated value of £5,278 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £345,000

    Feb 2021

    Estimated Valuation

    £327,212

    Est. £/sq ft

    £490/sq ft

    £5,278/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateOct 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2021

    £345,000

    13 Jun 2018

    £332,000

    21 Jan 2015

    £262,500

    Key Metrics

    Estimated valuation£327,212
    Value per sq ft / m²£490/sq ft (£5,278/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile14th percentile
    National percentile55th 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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