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According to the public record, 16, Cranberry Lane is a modern apartment with 473 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 16, Cranberry Lane is £265,416 and the estimated rental value is £1,652 per month.
Cranberry Lane, London, E16 is located in the borough of Newham within the E16 postal district.
16, Cranberry Lane has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2020.
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 16, Cranberry Lane is in very good condition we estimate a sale value of £278,686 and a rental value of £1,734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,837 and a rental value of £1,536 per month.
Over the last 12 months the sale value of 16 Cranberry Lane has decreased by an estimated £8,887 (3.3%) and its rental value has increased by an estimated £92 per month (5.5%), giving an expected gross yield of 7.5%.
16, Cranberry Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2020.
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, 16, Cranberry Lane was last sold on 19th November 2002 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Cranberry Lane within a radius of 440 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, 16, Cranberry Lane is the 119th largest and the 109th 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 140 metres away. The nearest train station is Star Lane which is 400 metres away.
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