According to the public record, 21, Elmgreen Close, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Elmgreen Close, London, E15 is located in the borough of Newham within the E15 postal district.
21, Elmgreen Close, London has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated July 2022.
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 reasonable condition, we estimate the current sale value for 21 Elmgreen Close London as £262,936 and the rental value as £1,790 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 21 Elmgreen Close London has increased by £7,814 (3.0%) and its rental value has increased by £86 per month (4.8%).
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 21, Elmgreen Close, London is in very good condition we estimate a sale value of £276,083 and rental value of £1,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,531 and a rental value of £1,665 per month.
If you were able to purchase this property for the estimated value of £262,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,292 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, 21, Elmgreen Close, London was last sold on 17 Dec 2013 for £158,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 53.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Elmgreen Close, London within a radius of 340 metres over the last 2 years.
The most recent example is 187, Vicarage Lane, London, E15 4HJ, a Leasehold flat which sold for £320,000 in Sep 2021.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmgreen Close, London, E15 has a total of 24 addresses. According to our analysis of all the public data, 21, Elmgreen Close, London is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in E15.
21, Elmgreen Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 21, Elmgreen Close, London is Stratford High Street station which is 500 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 21, Elmgreen Close, London, 34.8% of property is privately rented and 33.9% is socially rented.
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 21, Elmgreen Close, London, 26.2% of residents are recorded as possessing school level qualifications and 41.0% 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 21, Elmgreen Close, London, the average age was 34.6 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 21, Elmgreen Close, London, 0.3% 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 21, Elmgreen Close, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.