Flat 903, Lotus House 35
Flat 903, Lotus House 35
Description & Estimates
Public records show Flat 903, Lotus House 35 to be a modern leasehold apartment with 957 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 903, Lotus House 35 has an estimated sale value of £553,465 and an estimated rental value of £3,223 per month, assuming reasonable condition and based on the information available.
The apartment sits within Lotus House, Ovex Close, London, E14.
Ovex Close, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 903, Lotus House 35 has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 903, Lotus House 35 would be worth £581,138, with a potential rental value of £3,384 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £514,722, with a rental value of £2,997 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 903, Lotus House 35 has dropped by £22,626 (4.1%) over the last year. During the same period, its estimated monthly rental value has risen by £168 (5.2%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 903, Lotus House 35 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 903, Lotus House 35 last changed hands on 7th November 2024, selling for £524,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.7% since November 2024.
- Sold Nov 2024£524,000
- Sold Sep 2019£595,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of Flat 903, Lotus House 35 across the last 2 years.
Most recently, Flat 303, Lotus House 35, Ovex Close, London, E14 3PP, a leasehold flat, sold at £585,000 on the 12th February 2021.
Read more about house prices in E14.
- Sold Feb 2021£585,000 | 3 Bed FlatFlat 303, Lotus House 35, Ovex Close, London, E14 3PPFlat 303, Lotus House 35, Ovex Close, London, E14 3PP
- Sold Oct 2019£595,000 | 3 Bed FlatFlat 703, Lotus House 35, Ovex Close, London, E14 3PPFlat 703, Lotus House 35, Ovex Close, London, E14 3PP
- Sold Sep 2019£592,500 | 3 Bed FlatFlat 603, Lotus House 35, Ovex Close, London, E14 3PPFlat 603, Lotus House 35, Ovex Close, London, E14 3PP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 903, Lotus House 35 as the 28th largest and the 7th most expensive of the 134 addresses on Ovex Close, London, E14.
Against the E14 postcode district average, it is £78k more expensive than the typical property.
More reading links
Schools Nearby
- 400mCubitt Town Primary School
- 600mMulberry Wood Wharf Primary School
- 900mSt Luke's Church of England Primary School
- 700mCanary Wharf College Crossharbour
- 1.1kmGeorge Green's School
- 2.0kmLangdon Park Community School
More reading links
Public Transport Nearby
Crossharbour station is the nearest stop to Flat 903, Lotus House 35 at 500 metres away.
- 500mCrossharbour
- 700mSouth Quay
- 800mNorth Greenwich
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
