According to the public record, Flat 3, Farringdon House 29, London is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Farringdon House, The Avenue, London, E11.
The Avenue, London, E11 is located in the borough of Redbridge within the E11 postal district.
Flat 3, Farringdon House 29, London has 31 entries in the Land Registry database, most recently in July 2012 and a single entry in the EPC database dated March 2022.
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 3 Farringdon House 29 London as £678,875 and the rental value as £2,422 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 3 Farringdon House 29 London has increased by £17,622 (2.6%) and its rental value has increased by £106 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 3, Farringdon House 29, London is in very good condition we estimate a sale value of £712,818 and rental value of £2,543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £631,353 and a rental value of £2,252 per month.
If you were able to purchase this property for the estimated value of £678,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,336 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 3, Farringdon House 29, London was last sold on 20 Jul 2012 for £380,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2012, the market for similar properties has risen 72.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Farringdon House 29, London within a radius of 490 metres over the last 2 years.
The most recent example is Flat 2, 27, The Avenue, London, E11 2DJ, a Leasehold flat which sold for £555,000 in Jan 2021.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Avenue, London, E11 has a total of 62 addresses. According to our analysis of all the public data, Flat 3, Farringdon House 29, London is the 50th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in E11.
Flat 3, Farringdon House 29, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Mar 2022.
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 3, Farringdon House 29, London is Wanstead 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 3, Farringdon House 29, London, 43.2% of property is privately owned outright and 32.0% 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 3, Farringdon House 29, London, 19.4% of residents are recorded as possessing school level qualifications and 53.2% 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 3, Farringdon House 29, 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 3, Farringdon House 29, London, 0.6% 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 3, Farringdon House 29, London, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.