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According to the public record, 11, Founder Close is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Founder Close is £224,952 and the estimated rental value is £1,540 per month.
Founder Close, London, E6 is located in the borough of Newham within the E6 postal district.
11, Founder Close has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Founder Close is in very good condition we estimate a sale value of £236,200 and a rental value of £1,617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,206 and a rental value of £1,432 per month.
Over the last 12 months the sale value of 11 Founder Close has decreased by an estimated £8,497 (3.8%) and its rental value has increased by an estimated £72 per month (4.7%), giving an expected gross yield of 8.2%.
11, Founder Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2019.
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, Founder Close was last sold on 2nd July 2002 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Founder Close within a radius of 450 metres over the last 2 years.
The most recent example is 30, Pennyroyal Avenue, London, E6 5ND, a leasehold flat which sold for £235,000 on the 6th November 2023.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Founder Close, London, E6 has a total of 22 addresses. According to our analysis of all the public data, 11, Founder Close is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in E6.
The nearest school is Gallions Primary School which is 290 metres away. The nearest train station is Gallions Reach which is 400 metres away.
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