According to the public record, Flat A, 56, Ferndale Road, London is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 56, Ferndale Road, London, E11.
Ferndale Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat A, 56, Ferndale Road, London has 41 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated June 2014.
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 A 56 Ferndale Road London as £484,038 and the rental value as £1,824 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat A 56 Ferndale Road London has increased by £18,136 (3.7%) and its rental value has increased by £91 per month (5.0%).
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 A, 56, Ferndale Road, London is in very good condition we estimate a sale value of £508,240 and rental value of £1,915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,156 and a rental value of £1,696 per month.
If you were able to purchase this property for the estimated value of £484,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,379 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 A, 56, Ferndale Road, London was last sold on 25 Feb 2021 for £452,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2021, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 56, Ferndale Road, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat B, 56, Ferndale Road, London, E11 3DN, a Leasehold flat which sold for £500,000 in Sep 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Road, London, E11 has a total of 107 addresses. According to our analysis of all the public data, Flat A, 56, Ferndale Road, London is the 89th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in E11.
Flat A, 56, Ferndale Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2014.
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 A, 56, Ferndale Road, London is Leytonstone High Road station which is 200 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 A, 56, Ferndale Road, London, 32.3% of property is privately owned with a mortgage and 27.1% 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 A, 56, Ferndale Road, London, 18.3% of residents are recorded as possessing school level qualifications and 47.4% 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 A, 56, Ferndale Road, London, the average age was 35.6 and the most common age was 32.
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 A, 56, Ferndale Road, London, 1.1% 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 A, 56, Ferndale Road, 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.