According to the public record, 23, Elmgreen Close, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Elmgreen Close, London, E15 is located in the borough of Newham within the E15 postal district.
23, Elmgreen Close, London has 3 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated March 2018.
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 23 Elmgreen Close London as £299,207 and the rental value as £2,062 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 23 Elmgreen Close London has increased by £8,579 (2.9%) and its rental value has increased by £97 per month (4.7%).
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 23, Elmgreen Close, London is in very good condition we estimate a sale value of £314,167 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,262 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £299,207, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,471 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, 23, Elmgreen Close, London was last sold on 18 Dec 2023 for £315,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2023, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Elmgreen Close, London within a radius of 340 metres over the last 2 years.
The most recent example is 7, Whales Yard, London, E15 4PB, a Leasehold flat which sold for £325,000 in Nov 2023.
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, 23, Elmgreen Close, London is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in E15.
23, Elmgreen Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 23, 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 23, 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 23, 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 23, 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 23, 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 23, 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.