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According to the public record, 18, Wood Close is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 762 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Wood Close is £564,712 and the estimated rental value is £2,789 per month.
Wood Close, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
18, Wood Close has 31 entries in the Land Registry , most recently in April 2011 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 4 out of 5 and is considered of high 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, Wood Close is in very good condition we estimate a sale value of £592,948 and a rental value of £2,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,182 and a rental value of £2,593 per month.
Over the last 12 months the sale value of 18 Wood Close has decreased by an estimated £12,747 (2.3%) and its rental value has increased by an estimated £180 per month (6.5%), giving an expected gross yield of 5.9%.
According to HM Land Registry, 18, Wood Close was last sold on 15th April 2011 for £355,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2011, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Wood Close within a radius of 280 metres over the last 2 years.
The most recent example is 25, Wood Close, London, E2 6ET, a leasehold flat which sold for £615,000 on the 12th December 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 18, Wood Close within a radius of 280 metres over the last 2 years.
Most recently Flat 204, Opus House 62, Cheshire Street, London, E2 6EH, a leasehold flat let by Fine Living in January 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Close, London, E2 has a total of 28 addresses. According to our analysis of all the public data, 18, Wood Close is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in E2.
The nearest school is William Davis Primary School which is 49 metres away. The nearest train station is Bethnal Green which is 500 metres away.
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