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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, 21, Forest Street is a mid-century leasehold apartment with 645 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 21, Forest Street is £305,594 and the estimated rental value is £2,059 per month.
Forest Street, London, E7 is located in the borough of Newham within the E7 postal district.
21, Forest Street has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated December 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 21, Forest Street is in very good condition we estimate a sale value of £320,873 and a rental value of £2,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,202 and a rental value of £1,914 per month.
Over the last 12 months the sale value of 21 Forest Street has decreased by an estimated £1,937 (0.6%) and its rental value has increased by an estimated £79 per month (3.9%), giving an expected gross yield of 8.1%.
21, Forest Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2021.
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, 21, Forest Street was last sold on 17th June 2016 for £284,550 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Forest Street within a radius of 350 metres over the last 2 years.
The most recent example is Flat 6, Reseda Court 144, Earlham Grove, London, E7 9FN, a leasehold flat which sold for £98,750 on the 15th December 2022.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Street, London, E7 has a total of 65 addresses. According to our analysis of all the public data, 21, Forest Street is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in E7.
The nearest school is Forest Gate Community School which is 119 metres away. The nearest train station is Forest Gate which is 200 metres away.
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