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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, Silver Mead is £381,283 and the estimated rental value is £2,107 per month.
Silver Mead, London, E18 is located in the borough of Redbridge within the E18 postal district.
2, Silver Mead has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Silver Mead is in very good condition we estimate a sale value of £400,347 and a rental value of £2,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,593 and a rental value of £1,960 per month.
Over the last 12 months the sale value of 2 Silver Mead has increased by an estimated £9,164 (2.4%) and its rental value has increased by an estimated £118 per month (5.6%), giving an expected gross yield of 6.6%.
2, Silver Mead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Silver Mead was last sold on 10th October 2019 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Silver Mead within a radius of 400 metres over the last 2 years.
The most recent example is 14, Silver Mead, London, E18 2TH, a leasehold flat which sold for £287,500 on the 8th June 2023.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silver Mead, London, E18 has a total of 27 addresses. According to our analysis of all the public data, 2, Silver Mead is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in E18.
The nearest school is Churchfields Infants' School which is 97 metres away. The nearest train station is South Woodford which is 700 metres away.
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