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According to the public record, 23, Ronnie Lane is a modern leasehold apartment with 592 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 23, Ronnie Lane is £300,767 and the estimated rental value is £1,701 per month.
Ronnie Lane, London, E12 is located in the borough of Newham within the E12 postal district.
23, Ronnie Lane has 2 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated July 2021.
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.
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 23, Ronnie Lane is in very good condition we estimate a sale value of £315,805 and a rental value of £1,786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,713 and a rental value of £1,582 per month.
Over the last 12 months the sale value of 23 Ronnie Lane has decreased by an estimated £8 (0.0%) and its rental value has increased by an estimated £68 per month (4.0%), giving an expected gross yield of 6.8%.
23, Ronnie Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 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, 23, Ronnie Lane was last sold on 11th April 2016 for £249,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2016, the market for similar properties has risen 51.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Ronnie Lane within a radius of 380 metres over the last 2 years.
The most recent example is Flat 13, Guppy House 121, Walton Road, London, E12 5EW, a leasehold flat which sold for £260,000 on the 29th July 2024.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ronnie Lane, London, E12 has a total of 22 addresses. According to our analysis of all the public data, 23, Ronnie Lane is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in E12.
The closest station to 23, Ronnie Lane is Ilford station which is 800 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Ronnie Lane, 37.7% of property is socially rented and 34.1% 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 23, Ronnie Lane, 37.0% of residents are recorded as possessing school level qualifications and 29.5% 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 23, Ronnie Lane, the average age was 32 and the most common age was 12.
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 23, Ronnie Lane, 0.0% 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 23, Ronnie Lane, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.