According to the public record, Flat 23, Oak Lodge 56, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oak Lodge, Cambridge Road, London, E11.
Cambridge Road, London, E11 is located in the borough of Redbridge within the E11 postal district.
Flat 23, Oak Lodge 56, London has 21 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated July 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 23 Oak Lodge 56 London as £189,626 and the rental value as £989 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 23 Oak Lodge 56 London has increased by £6,633 (3.5%) and its rental value has increased by £47 per month (4.8%).
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 Flat 23, Oak Lodge 56, London is in very good condition we estimate a sale value of £199,108 and rental value of £1,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,353 and a rental value of £920 per month.
If you were able to purchase this property for the estimated value of £189,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £932 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 23, Oak Lodge 56, London was last sold on 03 May 2024 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Oak Lodge 56, London within a radius of 550 metres over the last 2 years.
The most recent example is Flat 20, Oak Lodge 56, Cambridge Road, London, E11 2PS, a Leasehold flat which sold for £150,000 in Jun 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Road, London, E11 has a total of 174 addresses. According to our analysis of all the public data, Flat 23, Oak Lodge 56, London is the 107th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £426k less expensive than the average property in E11.
Flat 23, Oak Lodge 56, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 23, Oak Lodge 56, London is Wanstead station which is 600 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 23, Oak Lodge 56, London, 67.2% of property is privately owned outright and 18.8% 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 23, Oak Lodge 56, London, 15.1% of residents are recorded as possessing school level qualifications and 43.9% 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 23, Oak Lodge 56, 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 23, Oak Lodge 56, London, 1.8% 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 23, Oak Lodge 56, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.