According to the public record, 5, Bank Court 58, London is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Bank Court, Shernhall Street, London, E17.
Shernhall Street, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
5, Bank Court 58, London has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated July 2016.
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 5 Bank Court 58 London as £400,352 and the rental value as £1,886 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5 Bank Court 58 London has increased by £8,270 (2.1%) and its rental value has increased by £48 per month (2.6%).
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 5, Bank Court 58, London is in very good condition we estimate a sale value of £420,369 and rental value of £1,980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,327 and a rental value of £1,754 per month.
If you were able to purchase this property for the estimated value of £400,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,968 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, 5, Bank Court 58, London was last sold on 10 Aug 2022 for £415,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bank Court 58, London within a radius of 370 metres over the last 2 years.
The most recent example is 17, Bank Court 58, Shernhall Street, London, E17 9HW, a Leasehold flat which sold for £420,000 in Nov 2021.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shernhall Street, London, E17 has a total of 282 addresses. According to our analysis of all the public data, 5, Bank Court 58, London is the 175th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in E17.
5, Bank Court 58, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Bank Court 58, London is Wood Street 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 5, Bank Court 58, London, 31.1% of property is privately owned with a mortgage and 22.8% 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 5, Bank Court 58, London, 19.8% of residents are recorded as possessing school level qualifications and 55.3% 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 5, Bank Court 58, London, the average age was 35.8 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 5, Bank Court 58, London, 0.2% 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 5, Bank Court 58, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.