According to the public record, Flat 9, Oak Lodge 56, London is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oak Lodge, Cambridge Road, London, E11.
Cambridge Road, London, E11 is located in the borough of Redbridge within the E11 postal district.
Flat 9, Oak Lodge 56, London has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated September 2015.
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 9 Oak Lodge 56 London as £185,640 and the rental value as £972 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 9 Oak Lodge 56 London has increased by £6,493 (3.5%) and its rental value has increased by £46 per month (4.8%).
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 9, Oak Lodge 56, London is in very good condition we estimate a sale value of £194,922 and rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,645 and a rental value of £904 per month.
If you were able to purchase this property for the estimated value of £185,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £912 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, Oak Lodge 56, London was last sold on 29 Jan 2016 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Oak Lodge 56, London within a radius of 550 metres over the last 2 years.
The most recent example is Flat 23, Oak Lodge 56, Cambridge Road, London, E11 2PS, a Leasehold flat which sold for £185,000 in May 2024.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Road, London, E11 has a total of 174 addresses. According to our analysis of all the public data, Flat 9, Oak Lodge 56, London is the 139th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £430k less expensive than the average property in E11.
Flat 9, Oak Lodge 56, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 9, Oak Lodge 56, London is Wanstead station which is 600 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, Oak Lodge 56, London, 67.2% of property is privately owned outright and 18.8% 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 9, Oak Lodge 56, London, 15.1% of residents are recorded as possessing school level qualifications and 43.9% 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, Oak Lodge 56, 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, Oak Lodge 56, London, 1.8% 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, Oak Lodge 56, 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.