2 Lotus House, 1 Lotus Close

    2 LOTUS HOUSE, 1, LOTUS CLOSE, CHIGWELL, IG7 4FF

    This flat/maisonette leasehold property on Lotus Close last sold in April 2018 for £180,000. Based on price growth in the IG7 district since then, its estimated current value is £145,555 — placing it in the 12th percentile nationally and the 1st percentile within IG7. The property covers 62 m² (667 sq ft), giving an estimated value of £2,348 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £180,000

    Apr 2018

    Estimated Valuation

    £145,555

    Est. £/sq ft

    £218/sq ft

    £2,348/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateOct 2017
    WallsAverage thermal transmittance 0.27 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2018

    New build

    £180,000

    Key Metrics

    Estimated valuation£145,555
    Value per sq ft / m²£218/sq ft (£2,348/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile1st percentile
    National percentile12th 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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