According to the public record, Flat A, 56, Loxford Avenue, London is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 56, Loxford Avenue, London, E6.
Loxford Avenue, London, E6 is located in the borough of Newham within the E6 postal district.
Flat A, 56, Loxford Avenue, London has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated January 2018.
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 Loxford Avenue London as £242,956 and the rental value as £1,613 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat A 56 Loxford Avenue London has increased by £6,494 (2.7%) and its rental value has increased by £70 per month (4.4%).
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, Loxford Avenue, London is in very good condition we estimate a sale value of £255,104 and rental value of £1,693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,949 and a rental value of £1,500 per month.
If you were able to purchase this property for the estimated value of £242,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,194 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, Loxford Avenue, London was last sold on 16 May 2014 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 58.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 56, Loxford Avenue, London within a radius of 320 metres over the last 2 years.
The most recent example is 25, Wilson Road, London, E6 3EF, a Leasehold flat which sold for £265,000 in Aug 2022.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loxford Avenue, London, E6 has a total of 71 addresses. According to our analysis of all the public data, Flat A, 56, Loxford Avenue, London is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in E6.
Flat A, 56, Loxford Avenue, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2018.
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, Loxford Avenue, London is Upton Park station which is 800 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, Loxford Avenue, London, 42.1% of property is privately rented and 26.3% 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 A, 56, Loxford Avenue, London, 22.4% of residents are recorded as possessing school level qualifications and 31.8% 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, Loxford Avenue, London, the average age was 32.9 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 A, 56, Loxford Avenue, 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 A, 56, Loxford Avenue, 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.