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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Gillman Drive is £386,273 and the estimated rental value is £2,360 per month.
Gillman Drive, London, E15 is located in the borough of Newham within the E15 postal district.
16, Gillman Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 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 16, Gillman Drive is in very good condition we estimate a sale value of £405,587 and a rental value of £2,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,234 and a rental value of £2,195 per month.
Over the last 12 months the sale value of 16 Gillman Drive has decreased by an estimated £4,032 (1.0%) and its rental value has increased by an estimated £129 per month (5.5%), giving an expected gross yield of 7.3%.
16, Gillman Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 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, 16, Gillman Drive was last sold on 30th November 2000 for £79,000 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, Gillman Drive within a radius of 300 metres over the last 2 years.
The most recent example is 11, Gillman Drive, London, E15 3JS, a leasehold flat which sold for £385,000 on the 17th March 2023.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gillman Drive, London, E15 has a total of 46 addresses. According to our analysis of all the public data, 16, Gillman Drive is the largest and the 7th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in E15.
The closest station to 16, Gillman Drive is Abbey Road station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 16, Gillman Drive, 62.9% of property is socially rented and 18.1% 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 16, Gillman Drive, 25.6% of residents are recorded as possessing school level qualifications and 26.1% 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 16, Gillman Drive, the average age was 34.6 and the most common age was 27.
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 16, Gillman Drive, 0.0% 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 16, Gillman Drive, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.