According to the public record, Flat 68, Hermitage Court, London is a early-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and garden.
The apartment is in Hermitage Court, Woodford Road, London, E18.
Woodford Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 68, Hermitage Court, London has 41 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated June 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 reasonable condition, we estimate the current sale value for Flat 68 Hermitage Court London as £386,602 and the rental value as £1,768 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 68 Hermitage Court London has increased by £2,500 (0.6%) and its rental value has increased by £62 per month (3.5%).
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 68, Hermitage Court, London is in very good condition we estimate a sale value of £405,932 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,540 and a rental value of £1,644 per month.
If you were able to purchase this property for the estimated value of £386,602, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,900 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 68, Hermitage Court, London was last sold on 18 Aug 2022 for £399,995 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 68, Hermitage Court, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 19, Eagle Court, Hermon Hill, London, E11 1PD, a Leasehold flat which sold for £390,000 in Dec 2022.
Read more about house prices in E18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodford Road, London, E18 has a total of 397 addresses. According to our analysis of all the public data, Flat 68, Hermitage Court, London is the 354th largest and the 280th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in E18.
Flat 68, Hermitage Court, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 68, Hermitage Court, London is Snaresbrook 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 68, Hermitage Court, London, 42.9% of property is privately rented and 27.1% is privately owned outright.
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 68, Hermitage Court, London, 20.8% of residents are recorded as possessing school level qualifications and 59.7% 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 68, Hermitage Court, 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 68, Hermitage Court, London, 1.7% 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 68, Hermitage Court, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.