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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
According to the public record, 22, Forest Drive is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 815 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Forest Drive is £357,225 and the estimated rental value is £2,026 per month.
The apartment is within 22, Forest Drive, London, E12.
Forest Drive, London, E12 is located in the borough of Newham within the E12 postal district.
22, Forest Drive has 51 entries in the Land Registry , most recently in June 2021 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 2 out of 5 and is considered of medium 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 22, Forest Drive is in very good condition we estimate a sale value of £375,086 and a rental value of £2,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,219 and a rental value of £1,884 per month.
Over the last 12 months the sale value of 22 Forest Drive has decreased by an estimated £12 (0.0%) and its rental value has increased by an estimated £79 per month (3.9%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 22, Forest Drive was last sold on 28th June 2021 for £413,105 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since June 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Forest Drive within a radius of 600 metres over the last 2 years.
The most recent example is 10B, Gladding Road, London, E12 5DD, a leasehold flat which sold for £380,000 on the 25th October 2024.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Drive, London, E12 has a total of 36 addresses. According to our analysis of all the public data, 22, Forest Drive is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in E12.
The closest station to 22, Forest Drive is Manor Park station which is 200 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22, Forest Drive, 37.2% of property is socially rented and 35.1% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22, Forest Drive, 24.8% of residents are recorded as possessing school level qualifications and 35.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, Forest Drive, the average age was 33.8 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22, Forest Drive, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22, Forest Drive, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
