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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 116, Cranberry Lane is a period apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Cranberry Lane is £318,108 and the estimated rental value is £1,987 per month.
Cranberry Lane, London, E16 is located in the borough of Newham within the E16 postal district.
116, Cranberry Lane has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 116, Cranberry Lane is in very good condition we estimate a sale value of £334,014 and a rental value of £2,086 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,841 and a rental value of £1,848 per month.
Over the last 12 months the sale value of 116 Cranberry Lane has decreased by an estimated £10,885 (3.4%) and its rental value has increased by an estimated £107 per month (5.4%), giving an expected gross yield of 7.5%.
116, Cranberry Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Cranberry Lane within a radius of 420 metres over the last 2 years.
The most recent example is Flat 2, Cristie Court 39, Tyas Road, London, E16 4JL, a leasehold flat which sold for £298,000 on the 1st November 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, 116, Cranberry Lane is the 44th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in E16.
The nearest school is Eastlea Community School which is 140 metres away. The nearest train station is Star Lane which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
