Flat 9, Cityview Apartments, 14 Lowe Close, Chigwell, IG7 4LP is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £298,157 , which equates to approximately £616 per square foot. It was last sold on 9 Oct 2019 for £260,000. Since then, the value has increased by £38,157, representing a 14.7% increase, or approximately 2.4% per year.

The current estimated value of £298,157 is:

  • 16.7% higher than the average property price on Lowe Close
  • 6.8% higher than the average in the IG7 4LP postcode area
  • and 32.5% lower than the average price for Chigwell as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 11 June 2022, the property was recorded as rented.

View sold house prices in IG7 4LP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£298,157
Price Per sq ft (estimate)
£616
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 9, Cityview Apartments, 14 Lowe Close, Chigwell, Redbridge, Greater London, IG7 4LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Jun 2022.

This property uses a gas boiler with underfloor heating as its main heating source. It is connected to mains gas. Hot water is provided from the main heating system, with added efficiency from a flue gas heat recovery system. The windows are fully triple glazed.

The previous EPC assessment was conducted on 25 Feb 2019, and the property received the same rating of C with an unchanged energy efficiency score of 80.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, flue gas heat recovery, with its energy efficiency improving from good to very good.
  • The roof construction or insulation changed from pitched, insulated (assumed) to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system, flue gas heat recovery
Very Good
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG7 4LP

4 th / 13
Price Rank
7% higher than average
4 th / 11
Size Rank
6% bigger than average
7 th / 11
Price Per Sq FT Rank
1% higher than average

Compared to other properties in IG7 4LP , this flat's estimated value ranks 4th out of 13. Based on price per square foot, it ranks 7th out of 11 properties. In terms of size, this home ranks 4th out of 11 properties in its postcode area.

Sale History

Today
£298,157
streetscan.co.uk estimate
+15 %
9 Oct 2019
£260,000
Leasehold
+35.1 %
7 Apr 2014
£192,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £252,000
sale date: 2 Mar 2021
rooms: 2
size: 484 sq ft
sale price: £250,000
sale date: 11 Dec 2019
rooms: 2
size: 506 sq ft
sale price: £250,000
sale date: 31 Jul 2019
rooms: 2
size: 463 sq ft
sale price: £250,000
sale date: 18 Feb 2019
rooms: 1
size: 452 sq ft
sale price: £252,500
sale date: 19 Jun 2017

Data Sources

The property at Flat 9, Cityview Apartments, 14 Lowe Close, Chigwell, IG7 4LP appears two times in the Land Registry records, with the latest transaction recorded on 9 Oct 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jun 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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