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According to the public record, 2, Guthrum Court 1 is a modern leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Guthrum Court 1 is £532,885 and the estimated rental value is £3,254 per month.
The apartment is within Guthrum Court, Cavendish Square, London, E16.
Cavendish Square, London, E16 is located in the borough of Newham within the E16 postal district.
2, Guthrum Court 1 has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property 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 2, Guthrum Court 1 is in very good condition we estimate a sale value of £559,530 and a rental value of £3,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,583 and a rental value of £3,026 per month.
Over the last 12 months the sale value of 2 Guthrum Court 1 has decreased by an estimated £16,624 (3.1%) and its rental value has increased by an estimated £159 per month (4.9%), giving an expected gross yield of 7.3%.
2, Guthrum Court 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 2, Guthrum Court 1 was last sold on 26th March 2021 for £567,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Guthrum Court 1 within a radius of 350 metres over the last 2 years.
The most recent example is 22, Guthrum Court 1, Cavendish Square, London, E16 2XN, a leasehold flat which sold for £570,000 on the 8th September 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Square, London, E16 has a total of 130 addresses. According to our analysis of all the public data, 2, Guthrum Court 1 is the 73rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 700 metres away. The nearest train station is Gallions Reach which is 300 metres away.
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