According to the public record, Flat 32, Ariel Apartments 1, London is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ariel Apartments, Crediton Road, London, E16.
Crediton Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 32, Ariel Apartments 1, London has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated February 2020.
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 32 Ariel Apartments 1 London as £317,515 and the rental value as £1,869 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 32 Ariel Apartments 1 London has increased by £2,200 (0.7%) and its rental value has increased by £83 per month (4.5%).
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 32, Ariel Apartments 1, London is in very good condition we estimate a sale value of £333,391 and rental value of £1,962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,289 and a rental value of £1,738 per month.
If you were able to purchase this property for the estimated value of £317,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,560 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 32, Ariel Apartments 1, London was last sold on 27 Jul 2020 for £360,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 32, Ariel Apartments 1, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 12, Ariel Apartments 1, Crediton Road, London, E16 1GD, a Leasehold flat which sold for £326,500 in Mar 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crediton Road, London, E16 has a total of 54 addresses. According to our analysis of all the public data, Flat 32, Ariel Apartments 1, London is the 28th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in E16.
Flat 32, Ariel Apartments 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2020.
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 32, Ariel Apartments 1, London is Royal Victoria 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 32, Ariel Apartments 1, London, 46.7% of property is socially rented and 25.0% 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 32, Ariel Apartments 1, London, 31.3% of residents are recorded as possessing school level qualifications and 48.5% 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 32, Ariel Apartments 1, London, the average age was 33.3 and the most common age was 27.
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 32, Ariel Apartments 1, 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 32, Ariel Apartments 1, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.