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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 159, Memorial Avenue is £237,293 and the estimated rental value is £1,561 per month.
Memorial Avenue, London, E15 is located in the borough of Newham within the E15 postal district.
159, Memorial Avenue has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated March 2022.
We combine this information with that 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 159, Memorial Avenue is in very good condition we estimate a sale value of £249,158 and a rental value of £1,639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,683 and a rental value of £1,452 per month.
Over the last 12 months the sale value of 159 Memorial Avenue has decreased by an estimated £3,430 (1.4%) and its rental value has increased by an estimated £61 per month (3.9%), giving an expected gross yield of 7.9%.
159, Memorial Avenue has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2022.
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, 159, Memorial Avenue was last sold on 4th April 2014 for £149,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2014, the market for similar properties has risen 56.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Memorial Avenue within a radius of 450 metres over the last 2 years.
The most recent example is 29, Memorial Avenue, London, E15 3BT, a leasehold flat which sold for £270,000 on the 29th April 2022.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Memorial Avenue, London, E15 has a total of 136 addresses. According to our analysis of all the public data, 159, Memorial Avenue is the 102nd largest and the 113th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in E15.
The closest station to 159, Memorial Avenue is West Ham station which is 100 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 159, Memorial Avenue, 46.2% of property is socially rented and 29.9% is privately 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 159, Memorial Avenue, 22.6% of residents are recorded as possessing school level qualifications and 39.5% 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 159, Memorial Avenue, the average age was 34.7 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 159, Memorial Avenue, 1.4% 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 159, Memorial Avenue, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.