According to the public record, 8, Forest Close, London is a early-century freehold house with 2,134 ft2 of internal area and sits on a 398 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Forest Close, London, E11 is located in the borough of Redbridge within the E11 postal district.
8, Forest Close, London has 31 entries in the Land Registry database, most recently in May 2009 and a single entry in the EPC database dated October 2008.
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 8 Forest Close London as £1,574,640 and the rental value as £4,949 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 8 Forest Close London has increased by £36,580 (2.3%) and its rental value has increased by £188 per month (3.8%).
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 8, Forest Close, London is in very good condition we estimate a sale value of £1,653,372 and rental value of £5,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,464,416 and a rental value of £4,603 per month.
If you were able to purchase this property for the estimated value of £1,574,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,739 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 data from HM Land Registry, 8, Forest Close, London sits on a plot of 398m2.
We have plot size data on 6 out of 12 other houses in the postcode and 8, Forest Close, London sits on the 6th largest plot.
According to HM Land Registry, 8, Forest Close, London was last sold on 08 May 2009 for £725,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2009, the market for similar properties has risen 135.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Forest Close, London within a radius of 530 metres over the last 2 years.
The most recent example is 6, The Rise, London, E11 1QA, a Freehold house which sold for £1,356,000 in Dec 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Close, London, E11 has a total of 12 addresses. According to our analysis of all the public data, 8, Forest Close, London is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £959k more expensive than the average property in E11.
8, Forest Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2008.
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 8, Forest Close, London is Snaresbrook 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 8, Forest Close, London, 33.1% of property is privately owned outright and 31.9% 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 8, Forest Close, London, 13.5% of residents are recorded as possessing school level qualifications and 59.9% 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 8, Forest Close, London, the average age was 41.5 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 8, Forest Close, London, 4.6% 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 8, Forest Close, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.