According to the public record, 79, Alder Point 2, London is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alder Point, Green Ferry Way, London, E17.
Green Ferry Way, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
79, Alder Point 2, London has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated November 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 good condition, we estimate the current sale value for 79 Alder Point 2 London as £422,225 and the rental value as £1,811 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 79 Alder Point 2 London has increased by £12,932 (3.1%) and its rental value has increased by £64 per month (3.5%).
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 79, Alder Point 2, London is in very good condition we estimate a sale value of £443,336 and rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,669 and a rental value of £1,684 per month.
If you were able to purchase this property for the estimated value of £422,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,075 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, 79, Alder Point 2, London was last sold on 21 Nov 2022 for £440,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, Alder Point 2, London within a radius of 170 metres over the last 2 years.
The most recent example is 104, Alder Point 2, Green Ferry Way, London, E17 6BE, a Leasehold flat which sold for £440,000 in Dec 2022.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Ferry Way, London, E17 has a total of 123 addresses. According to our analysis of all the public data, 79, Alder Point 2, London is the 93rd largest and the 91st most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in E17.
79, Alder Point 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 79, Alder Point 2, London is Blackhorse Road station which is 100 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 79, Alder Point 2, London, 66.0% of property is socially rented and 14.2% is privately owned with a mortgage.
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 79, Alder Point 2, London, 33.3% of residents are recorded as possessing school level qualifications and 33.2% 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 79, Alder Point 2, London, the average age was 33.9 and the most common age was 32.
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 79, Alder Point 2, 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 79, Alder Point 2, 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.