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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, 12, Birch Close is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 631 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 12, Birch Close is £233,372 and the estimated rental value is £1,458 per month.
Birch Close, London, E16 is located in the borough of Newham within the E16 postal district.
12, Birch Close has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 12, Birch Close is in very good condition we estimate a sale value of £245,040 and a rental value of £1,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,036 and a rental value of £1,356 per month.
Over the last 12 months the sale value of 12 Birch Close has decreased by an estimated £7,551 (3.2%) and its rental value has increased by an estimated £80 per month (5.5%), giving an expected gross yield of 7.5%.
According to HM Land Registry, 12, Birch Close was last sold on 25th January 2008 for £227,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 53.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Birch Close within a radius of 420 metres over the last 2 years.
The most recent example is Flat 3, 101-103, Barking Road, London, E16 4HQ, a leasehold flat which sold for £265,000 on the 29th July 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birch Close, London, E16 has a total of 54 addresses. According to our analysis of all the public data, 12, Birch Close is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in E16.
The nearest school is Star Primary School which is 325 metres away. The nearest train station is Star Lane which is 300 metres away.
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