According to the public record, Flat 9, Hermitage Court, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 235 ft2 of internal area and a balcony.
Apartments of this size in this area are normally studios.
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 9, Hermitage Court, London has a single entry in the Land Registry database from February 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 9 Hermitage Court London as £158,280 and the rental value as £718 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 9 Hermitage Court London has decreased by £811 (0.5%) and its rental value has increased by £17 per month (2.3%).
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 9, Hermitage Court, London is in very good condition we estimate a sale value of £166,194 and rental value of £754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,201 and a rental value of £668 per month.
If you were able to purchase this property for the estimated value of £158,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £778 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 9, Hermitage Court, London was last sold on 06 Feb 2013 for £79,195 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 57.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 9, Hermitage Court, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 26, Hermitage Court, Woodford Road, London, E18 2EW, a Leasehold flat which sold for £101,127 in Jun 2015.
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 9, Hermitage Court, London is the 395th largest and the 396th most expensive property on the street.
When compared to the postcode district it is £435k less expensive than the average property in E18.
The closest station to Flat 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.