According to the public record, Flat 11, Fairlop Court, London is a early-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Fairlop Court, Fairlop Road, London, E11.
Fairlop Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat 11, Fairlop Court, London has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated October 2019.
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 Fairlop Court London as £262,106 and the rental value as £1,367 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 11 Fairlop Court London has increased by £5,936 (2.3%) and its rental value has increased by £45 per month (3.3%).
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, Fairlop Court, London is in very good condition we estimate a sale value of £275,211 and rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,758 and a rental value of £1,272 per month.
If you were able to purchase this property for the estimated value of £262,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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, Fairlop Court, London was last sold on 14 Jan 2020 for £179,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Fairlop Court, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 5, Bloomsbury Court, Chelmsford Road, London, E11 1DP, a Leasehold flat which sold for £250,000 in Dec 2020.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairlop Road, London, E11 has a total of 292 addresses. According to our analysis of all the public data, Flat 11, Fairlop Court, London is the 212th largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £353k less expensive than the average property in E11.
Flat 11, Fairlop Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 11, Fairlop Court, London is Leytonstone 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 Flat 11, Fairlop Court, London, 55.8% of property is privately rented and 17.1% 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 Flat 11, Fairlop Court, London, 16.2% of residents are recorded as possessing school level qualifications and 45.3% 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 Flat 11, Fairlop Court, London, the average age was 37.3 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, Fairlop Court, London, 0.7% 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, Fairlop Court, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.