According to the public record, Flat 3, Wilfred House 1-3, London is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wilfred House, Station Parade, London, E11.
Station Parade, London, E11 is located in the borough of Redbridge within the E11 postal district.
Flat 3, Wilfred House 1-3, London has 2 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated April 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 3 Wilfred House 1-3 London as £236,206 and the rental value as £1,241 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 Wilfred House 1-3 London has increased by £4,661 (2.0%) and its rental value has increased by £47 per month (3.8%).
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 3, Wilfred House 1-3, London is in very good condition we estimate a sale value of £248,016 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,671 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £236,206, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,161 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, Wilfred House 1-3, London was last sold on 23 Dec 2014 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Wilfred House 1-3, London within a radius of 460 metres over the last 2 years.
The most recent example is Flat 3, Westleigh Court 2, Nightingale Lane, London, E11 2XA, a Leasehold flat which sold for £265,000 in Jul 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Parade, London, E11 has a total of 13 addresses. According to our analysis of all the public data, Flat 3, Wilfred House 1-3, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £379k less expensive than the average property in E11.
Flat 3, Wilfred House 1-3, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 3, Wilfred House 1-3, London is Snaresbrook station which is 100 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, Wilfred House 1-3, London, 35.3% of property is socially rented and 26.3% 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 3, Wilfred House 1-3, London, 9.2% of residents are recorded as possessing school level qualifications and 51.0% 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, Wilfred House 1-3, 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, Wilfred House 1-3, 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 3, Wilfred House 1-3, 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.