According to the public record, 4, Forest Drive, London is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Forest Drive, London, E12.
Forest Drive, London, E12 is located in the borough of Newham within the E12 postal district.
4, Forest Drive, London has 31 entries in the Land Registry database, most recently in March 2006 and a single entry in the EPC database dated June 2023.
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 4 Forest Drive London as £339,174 and the rental value as £1,585 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 4 Forest Drive London has increased by £7,126 (2.1%) and its rental value has increased by £63 per month (3.9%).
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 4, Forest Drive, London is in very good condition we estimate a sale value of £356,133 and rental value of £1,664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,432 and a rental value of £1,474 per month.
If you were able to purchase this property for the estimated value of £339,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,667 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, 4, Forest Drive, London was last sold on 02 Mar 2006 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Forest Drive, London within a radius of 490 metres over the last 2 years.
The most recent example is 7, Forest Drive, London, E12 5DF, a Leasehold flat which sold for £307,000 in Feb 2022.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Drive, London, E12 has a total of 36 addresses. According to our analysis of all the public data, 4, Forest Drive, London is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in E12.
4, Forest Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Forest Drive, London is Manor Park station which is 200 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 4, Forest Drive, London, 37.2% of property is socially rented and 35.1% is privately 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 4, Forest Drive, London, 24.8% of residents are recorded as possessing school level qualifications and 35.9% 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 4, Forest Drive, London, the average age was 33.8 and the most common age was 37.
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 4, Forest Drive, London, 0.5% 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 4, Forest Drive, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.