According to the public record, Flat 94, Effra Gardens 1, London is a modern apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Effra Gardens, Heartwell Avenue, London, E16.
Heartwell Avenue, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 94, Effra Gardens 1, London has no records in the Land Registry database and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 94 Effra Gardens 1 London as £441,931 and the rental value as £2,116 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 94 Effra Gardens 1 London has decreased by £1,396 (0.3%) and its rental value has increased by £73 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 94, Effra Gardens 1, London is in very good condition we estimate a sale value of £464,028 and rental value of £2,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,996 and a rental value of £1,968 per month.
If you were able to purchase this property for the estimated value of £441,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,172 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 94, Effra Gardens 1, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 87, Effra Gardens 1, Heartwell Avenue, London, E16 1QH, a Leasehold flat which sold for £455,000 in Dec 2020.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 250 metres radius of Flat 94, Effra Gardens 1, London over the last 2 years.
Most recently Flat 1101, Defoe House 123, City Island Way, London, E14 0TW, a Leasehold flat let by London Property Management in Aug 2021.
Heartwell Avenue, London, E16 has a total of 273 addresses. According to our analysis of all the public data, Flat 94, Effra Gardens 1, London is the 238th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in E16.
Flat 94, Effra Gardens 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 94, Effra Gardens 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 94, Effra Gardens 1, London, 40.5% of property is privately rented and 33.3% 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 94, Effra Gardens 1, London, 24.6% of residents are recorded as possessing school level qualifications and 31.7% 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 94, Effra Gardens 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 94, Effra Gardens 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 94, Effra Gardens 1, 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.