According to the public record, Flat 11, Candlelight Court 124, London is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Candlelight Court, Romford Road, London, E15.
Romford Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 11, Candlelight Court 124, London has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated February 2021.
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 Flat 11 Candlelight Court 124 London as £344,097 and the rental value as £2,315 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 11 Candlelight Court 124 London has increased by £9,923 (2.9%) and its rental value has increased by £102 per month (4.4%).
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 Flat 11, Candlelight Court 124, London is in very good condition we estimate a sale value of £361,302 and rental value of £2,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,010 and a rental value of £2,153 per month.
If you were able to purchase this property for the estimated value of £344,097, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,691 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, Flat 11, Candlelight Court 124, London was last sold on 15 Feb 2021 for £320,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Candlelight Court 124, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 14, Stone Court 11A, Flint Close, London, E15 4QT, a Leasehold flat which sold for £362,500 in Feb 2023.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E15 has a total of 530 addresses. According to our analysis of all the public data, Flat 11, Candlelight Court 124, London is the 140th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in E15.
Flat 11, Candlelight Court 124, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 11, Candlelight Court 124, London is Maryland station which is 500 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 Flat 11, Candlelight Court 124, London, 58.9% of property is socially rented and 31.3% 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 Flat 11, Candlelight Court 124, London, 27.4% of residents are recorded as possessing school level qualifications and 31.9% 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 Flat 11, Candlelight Court 124, London, the average age was 35 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 Flat 11, Candlelight Court 124, 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 Flat 11, Candlelight Court 124, 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.