According to the public record, Flat B, 1, Preston Road, London is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1, Preston Road, London, E11.
Preston Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat B, 1, Preston Road, London has 51 entries in the Land Registry database, most recently in June 2024 and a single entry in the EPC database dated December 2023.
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 B 1 Preston Road London as £517,271 and the rental value as £1,978 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat B 1 Preston Road London has increased by £20,001 (3.9%) and its rental value has increased by £102 per month (5.1%).
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 B, 1, Preston Road, London is in very good condition we estimate a sale value of £543,135 and rental value of £2,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,062 and a rental value of £1,840 per month.
If you were able to purchase this property for the estimated value of £517,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,542 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 B, 1, Preston Road, London was last sold on 14 Jun 2024 for £520,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2024, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 1, Preston Road, London within a radius of 500 metres over the last 2 years.
The most recent example is 26, Lytton Road, London, E11 1JH, a Leasehold flat which sold for £518,000 in Feb 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, London, E11 has a total of 100 addresses. According to our analysis of all the public data, Flat B, 1, Preston Road, London is the 61st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in E11.
Flat B, 1, Preston Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2023.
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 B, 1, Preston Road, London is Leytonstone station which is 700 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 B, 1, Preston Road, London, 37.8% of property is privately owned with a mortgage and 24.5% is socially 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 B, 1, Preston Road, London, 19.2% of residents are recorded as possessing school level qualifications and 57.7% 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 B, 1, Preston Road, London, the average age was 37.3 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 B, 1, Preston Road, 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 B, 1, Preston 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.