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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, 18, Florence Street is a mid-century freehold house with 796 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Florence Street is £422,523 and the estimated rental value is £2,314 per month.
Florence Street, London, E16 is located in the borough of Newham within the E16 postal district.
18, Florence Street has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated October 2013.
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 18, Florence Street is in very good condition we estimate a sale value of £443,649 and a rental value of £2,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,946 and a rental value of £2,152 per month.
Over the last 12 months the sale value of 18 Florence Street has decreased by an estimated £14,614 (3.5%) and its rental value has increased by an estimated £110 per month (4.8%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 18, Florence Street sits on a plot of 121m2.
We have plot size data on 37 out of 40 other houses in the postcode and 18, Florence Street sits on the 29th largest plot.
18, Florence Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Florence Street was last sold on 20th December 2022 for £477,400 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Florence Street within a radius of 350 metres over the last 2 years.
The most recent example is 4, Florence Street, London, E16 4JS, a freehold house which sold for £420,000 on the 14th November 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florence Street, London, E16 has a total of 43 addresses. According to our analysis of all the public data, 18, Florence Street is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in E16.
The nearest school is Eastlea Community School which is 247 metres away. The nearest train station is Star Lane which is 600 metres away.
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