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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, Lorne Road is a period freehold house with 1,528 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Lorne Road is £830,643 and the estimated rental value is £4,072 per month.
Lorne Road, London, E7 is located in the borough of Newham within the E7 postal district.
18, Lorne Road has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated August 2020.
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, Lorne Road is in very good condition we estimate a sale value of £872,175 and a rental value of £4,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £772,498 and a rental value of £3,787 per month.
Over the last 12 months the sale value of 18 Lorne Road has decreased by an estimated £8,145 (1.0%) and its rental value has increased by an estimated £137 per month (3.4%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 18, Lorne Road sits on a plot of 191m2.
We have plot size data on 45 out of 46 other houses in the postcode and 18, Lorne Road sits on the 24th largest plot.
18, Lorne Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Aug 2020.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Lorne Road was last sold on 13th November 2020 for £717,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has dropped 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Lorne Road within a radius of 490 metres over the last 2 years.
The most recent example is 26, Latimer Road, London, E7 0LQ, a freehold house which sold for £940,000 on the 5th August 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Road, London, E7 has a total of 88 addresses. According to our analysis of all the public data, 18, Lorne Road is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £351k more expensive than the average property in E7.
The nearest school is Godwin Junior School which is 226 metres away. The nearest train station is Wanstead Park which is 500 metres away.
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