According to the public record, 1, Langham House 8, London is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Langham House, Forrester Way, London, E15.
Forrester Way, London, E15 is located in the borough of Newham within the E15 postal district.
1, Langham House 8, London has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Langham House 8 London as £627,367 and the rental value as £3,316 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1 Langham House 8 London has increased by £7,359 (1.2%) and its rental value has increased by £98 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Langham House 8, London is in very good condition we estimate a sale value of £658,735 and rental value of £3,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £583,451 and a rental value of £3,084 per month.
If you were able to purchase this property for the estimated value of £627,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,083 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Langham House 8, London was last sold on 24 Oct 2019 for £676,575 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Langham House 8, London within a radius of 310 metres over the last 2 years.
The most recent example is 301, Giles House 10, Forrester Way, London, E15 1GJ, a Leasehold flat which sold for £680,000 in Nov 2023.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 310 metres radius of 1, Langham House 8, London over the last 2 years.
Most recently Flat 33, Legacy Tower 88, Great Eastern Road, London, E15 1DE, a Leasehold flat let by Saint Andrews Bureau in Nov 2023.
Forrester Way, London, E15 has a total of 334 addresses. According to our analysis of all the public data, 1, Langham House 8, London is the 147th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in E15.
1, Langham House 8, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 1, Langham House 8, London is Stratford International station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Langham House 8, London, 59.4% of property is socially rented and 18.7% is shared ownership.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Langham House 8, London, 27.1% of residents are recorded as possessing school level qualifications and 42.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Langham House 8, London, the average age was 33.6 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Langham House 8, London, 1.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Langham House 8, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.