According to the public record, 6, Gainsborough Avenue, London is a mid-century leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 6, Gainsborough Avenue, London, E12.
Gainsborough Avenue, London, E12 is located in the borough of Newham within the E12 postal district.
6, Gainsborough Avenue, London has 21 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated May 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 6 Gainsborough Avenue London as £299,960 and the rental value as £1,757 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 6 Gainsborough Avenue London has increased by £3,284 (1.1%) and its rental value has increased by £69 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 6, Gainsborough Avenue, London is in very good condition we estimate a sale value of £314,958 and rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,963 and a rental value of £1,634 per month.
If you were able to purchase this property for the estimated value of £299,960, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,474 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, 6, Gainsborough Avenue, London was last sold on 11 Dec 2014 for £196,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Gainsborough Avenue, London within a radius of 440 metres over the last 2 years.
The most recent example is 14, Gainsborough Avenue, London, E12 6JL, a Leasehold flat which sold for £315,000 in Jan 2020.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Avenue, London, E12 has a total of 140 addresses. According to our analysis of all the public data, 6, Gainsborough Avenue, London is the 18th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in E12.
6, Gainsborough Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 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 6, Gainsborough Avenue, London is East Ham station which is 1.2 kilometres 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 6, Gainsborough Avenue, London, 48.4% of property is socially rented and 27.4% 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 6, Gainsborough Avenue, London, 31.8% of residents are recorded as possessing school level qualifications and 35.1% 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 6, Gainsborough Avenue, London, the average age was 32 and the most common age was 12.
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 6, Gainsborough Avenue, London, 0.0% 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 6, Gainsborough Avenue, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.