According to the public record, Flat 2, 1, Ferndale Street, London is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Ferndale Street, London, E6.
Ferndale Street, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 2, 1, Ferndale Street, London has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated September 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 good condition, we estimate the current sale value for Flat 2 1 Ferndale Street London as £251,921 and the rental value as £1,681 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 2 1 Ferndale Street London has increased by £5,322 (2.1%) and its rental value has increased by £79 per month (4.7%).
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 2, 1, Ferndale Street, London is in very good condition we estimate a sale value of £264,518 and rental value of £1,765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,287 and a rental value of £1,564 per month.
If you were able to purchase this property for the estimated value of £251,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,238 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 2, 1, Ferndale Street, London was last sold on 16 Feb 2022 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Ferndale Street, London within a radius of 400 metres over the last 2 years.
The most recent example is 30, Pennyroyal Avenue, London, E6 5ND, a Leasehold flat which sold for £235,000 in Nov 2023.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Street, London, E6 has a total of 13 addresses. According to our analysis of all the public data, Flat 2, 1, Ferndale Street, London is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in E6.
Flat 2, 1, Ferndale Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 2, 1, Ferndale Street, London is Cyprus 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 2, 1, Ferndale Street, London, 48.5% of property is socially rented and 22.3% 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 2, 1, Ferndale Street, London, 31.9% of residents are recorded as possessing school level qualifications and 33.8% 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 2, 1, Ferndale Street, London, the average age was 32.9 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 Flat 2, 1, Ferndale Street, 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 Flat 2, 1, Ferndale Street, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.