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According to the public record, 11, Cranberry Lane is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Cranberry Lane is £265,135 and the estimated rental value is £1,648 per month.
Cranberry Lane, London, E16 is located in the borough of Newham within the E16 postal district.
11, Cranberry Lane has 31 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 11, Cranberry Lane is in very good condition we estimate a sale value of £278,392 and a rental value of £1,730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,575 and a rental value of £1,532 per month.
Over the last 12 months the sale value of 11 Cranberry Lane has decreased by an estimated £8,878 (3.3%) and its rental value has increased by an estimated £91 per month (5.5%), giving an expected gross yield of 7.5%.
11, Cranberry Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11, Cranberry Lane was last sold on 14th November 2007 for £165,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2007, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Cranberry Lane within a radius of 450 metres over the last 2 years.
The most recent example is 12, Cranberry Lane, London, E16 4PE, a leasehold flat which sold for £280,000 on the 24th February 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranberry Lane, London, E16 has a total of 147 addresses. According to our analysis of all the public data, 11, Cranberry Lane is the 105th largest and the 111th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in E16.
The nearest school is Eastlea Community School which is 183 metres away. The nearest train station is Star Lane which is 400 metres away.
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