2, Oaklands Apartments 53
2, Oaklands Apartments 53
Description & Estimates
According to the public record, 2, Oaklands Apartments 53 is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oaklands Apartments 53 is £619,279 and the estimated rental value is £2,491 per month.
The apartment is within Oaklands Apartments, Nutter Lane, London, E11.
Nutter Lane, London, E11 is located in the borough of Redbridge within the E11 postal district.
Our Data Sources
2, Oaklands Apartments 53 has a single entry in the Land Registry from November 2012 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Oaklands Apartments 53 is in very good condition we estimate a sale value of £650,243 and a rental value of £2,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £575,930 and a rental value of £2,316 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Oaklands Apartments 53 has dropped by £3,964 (0.6%), while its estimated rental value has risen by £83 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
2, Oaklands Apartments 53 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 2, Oaklands Apartments 53 was last sold on 12th November 2012 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2012, the market for similar properties has risen by 19.3%.
- Sold Nov 2012£395,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oaklands Apartments 53 within a radius of 540 metres over the last 2 years.
The most recent example is 4, Oaklands Apartments 53, Nutter Lane, London, E11 2JA, a leasehold flat which sold for £550,000 on the 29th June 2021.
Read more about house prices in E11.
- Sold Jun 2021£550,000 | 3 Bed FlatOaklands Apartments 53, Nutter Lane4, Oaklands Apartments 53, Nutter Lane, London, E11 2JA
- Sold Dec 2019£495,000 | 3 Bed FlatSyon Court 31, The AvenueFlat 3, Syon Court 31, The Avenue, London, E11 2EE
- Sold Mar 2019£477,500 | 3 Bed FlatSyon Court 31, The AvenueFlat 6, Syon Court 31, The Avenue, London, E11 2EE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Nutter Lane, London, E11 has a total of 46 addresses. According to our analysis of all the public data, 2, Oaklands Apartments 53 is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in E11.
More reading links
Schools Nearby
- 600mNightingale Primary School
- 700mWanstead Church School
- 1.0kmSnaresbrook Primary School
- 400mWanstead High School
- 1.4kmBeal High School
- 2.0kmLeytonstone School
More reading links
Public Transport Nearby
The closest station to 2, Oaklands Apartments 53 is Wanstead station, which is 600 metres away.
- 600mWanstead
- 800mRedbridge
- 900mSnaresbrook
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
