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According to the public record, 28, The Drive is a early-century freehold house with 4,251 ft2 of internal area and sits on a 1,644 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 28, The Drive is £2,504,206 and the estimated rental value is £10,797 per month.
The Drive, London, E18 is located in the borough of Redbridge within the E18 postal district.
28, The Drive has 21 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 28, The Drive is in very good condition we estimate a sale value of £2,629,416 and a rental value of £11,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,328,911 and a rental value of £10,041 per month.
Over the last 12 months the sale value of 28 The Drive has decreased by an estimated £2,663 (0.1%) and its rental value has increased by an estimated £334 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 28, The Drive sits on a plot of 1644m2.
We have plot size data on 25 out of 25 other houses in the postcode and 28, The Drive sits on the 6th largest plot.
28, The Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 28, The Drive was last sold on 17th January 2024 for £2,425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped 32.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 28, The Drive within a radius of 490 metres over the last 2 years.
The most recent example is 2A, Bushey Avenue, London, E18 2DS, a freehold house which sold for £2,725,000 on the 18th December 2024.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, London, E18 has a total of 148 addresses. According to our analysis of all the public data, 28, The Drive is the 8th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £1.884m more expensive than the average property in E18.
The nearest school is Snaresbrook Primary School which is 293 metres away. The nearest train station is Snaresbrook which is 700 metres away.
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