Our Data Sources
3, Lotus House 1, Chigwell has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Lotus House 1, Chigwell would be worth £126,979, with a potential rental value of £817 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £112,467, with a rental value of £723 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
3, Lotus House 1, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Lotus House 1, Chigwell last changed hands on 6th July 2022, selling for £112,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 75.1% since July 2022.
- Sold Jul 2022£112,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 1.4 kilometres of 3, Lotus House 1, Chigwell across the last 2 years.
Most recently, 4, Lotus House 1, Lotus Close, Chigwell, IG7 4FF, a leasehold flat, sold at £110,000 on the 22nd May 2023.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Lotus House 1, Chigwell as the 32nd largest and the 33rd most expensive of the 36 addresses on Lotus Close, Chigwell, IG7.
Against the IG7 postcode district average, it is £515k less expensive than the typical property.
More reading links
Schools Nearby
- 1.7kmOasis Academy Pinewood
- 1.8kmCoppice Primary School
- 1.9kmSt Patrick's Catholic Primary School
- 1.6kmForest Academy
- 3.0kmBower Park Academy
- 3.4kmThe Warren School
More reading links
Public Transport Nearby
- 3.1kmHainault
- 3.2kmGrange Hill
- 3.5kmFairlop
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
