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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
According to the public record, 16, Lorne Gardens is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 1,181 ft2 of internal area and a garden.
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, Lorne Gardens is £586,547 and the estimated rental value is £2,414 per month.
Lorne Gardens, London, E11 is located in the borough of Redbridge within the E11 postal district.
16, Lorne Gardens has 41 entries in the Land Registry , most recently in January 2012 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 16, Lorne Gardens is in very good condition we estimate a sale value of £615,874 and a rental value of £2,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £545,488 and a rental value of £2,245 per month.
Over the last 12 months the sale value of 16 Lorne Gardens has decreased by an estimated £2,022 (0.3%) and its rental value has increased by an estimated £57 per month (2.4%), giving an expected gross yield of 4.9%.
According to HM Land Registry, 16, Lorne Gardens was last sold on 27th January 2012 for £425,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2012, the market for similar properties has risen 55.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lorne Gardens within a radius of 620 metres over the last 2 years.
The most recent example is Flat B, 49, Kingfisher Avenue, London, E11 2HT, a leasehold flat which sold for £151,000 on the 15th November 2020.
Read more about house prices in E11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Gardens, London, E11 has a total of 62 addresses. According to our analysis of all the public data, 16, Lorne Gardens is the 25th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in E11.
The closest station to 16, Lorne Gardens is Wanstead station which is 900 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 16, Lorne Gardens, 50.0% of property is privately owned outright and 39.3% is privately owned with a mortgage.
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, Lorne Gardens, 18.2% of residents are recorded as possessing school level qualifications and 51.9% 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, Lorne Gardens, the average age was 40.6 and the most common age was 42.
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, Lorne Gardens, 1.8% 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, Lorne Gardens, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
