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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 3, Madison Way is £624,251 and the estimated rental value is £3,345 per month.
Madison Way, London, E20 is located in the borough of Newham within the E20 postal district.
3, Madison Way has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated November 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 3, Madison Way is in very good condition we estimate a sale value of £655,464 and a rental value of £3,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £580,554 and a rental value of £3,111 per month.
Over the last 12 months the sale value of 3 Madison Way has decreased by an estimated £6,516 (1.0%) and its rental value has increased by an estimated £183 per month (5.5%), giving an expected gross yield of 6.4%.
3, Madison Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 3, Madison Way was last sold on 14th January 2022 for £610,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has dropped 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Madison Way within a radius of 250 metres over the last 2 years.
The most recent example is Flat 21, Triathlon Point 1, Madison Way, London, E20 1PA, a leasehold flat which sold for £609,000 on the 7th January 2022.
Read more about house prices in E20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madison Way, London, E20 has a total of 67 addresses. According to our analysis of all the public data, 3, Madison Way is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in E20.
The nearest school is Mossbourne Riverside Academy which is 696 metres away. The nearest train station is Stratford International which is 400 metres away.
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