According to the public record, Flat 15, Hermitage Court, London is a early-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Hermitage Court, Woodford Road, London, E18.
Woodford Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 15, Hermitage Court, London has a single entry in the Land Registry database from August 2012 and a single entry in the EPC database dated October 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 Flat 15 Hermitage Court London as £465,719 and the rental value as £2,023 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 15 Hermitage Court London has decreased by £5,078 (1.1%) and its rental value has increased by £35 per month (1.7%).
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 15, Hermitage Court, London is in very good condition we estimate a sale value of £489,005 and rental value of £2,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,119 and a rental value of £1,881 per month.
If you were able to purchase this property for the estimated value of £465,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,289 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 15, Hermitage Court, London was last sold on 22 Aug 2012 for £228,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2012, the market for similar properties has risen 54.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Hermitage Court, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 39, Eagle Court, Hermon Hill, London, E11 1PD, a Leasehold flat which sold for £482,500 in Nov 2023.
Read more about house prices in E18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodford Road, London, E18 has a total of 397 addresses. According to our analysis of all the public data, Flat 15, Hermitage Court, London is the 175th largest and the 168th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in E18.
Flat 15, Hermitage Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 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 Flat 15, Hermitage Court, London is Snaresbrook 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 15, Hermitage Court, London, 42.9% of property is privately rented and 27.1% is privately owned outright.
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 15, Hermitage Court, London, 20.8% of residents are recorded as possessing school level qualifications and 59.7% 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 15, Hermitage Court, 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 Flat 15, Hermitage Court, London, 1.7% 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 15, Hermitage Court, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.