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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, 38, Third Avenue is a period freehold house with 2,152 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Third Avenue is £487,830 and the estimated rental value is £3,144 per month.
Third Avenue, London, E12 is located in the borough of Newham within the E12 postal district.
38, Third Avenue has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated December 2022.
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 38, Third Avenue is in very good condition we estimate a sale value of £512,222 and a rental value of £3,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,682 and a rental value of £2,924 per month.
Over the last 12 months the sale value of 38 Third Avenue has decreased by an estimated £8,493 (1.7%) and its rental value has increased by an estimated £61 per month (1.9%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 38, Third Avenue sits on a plot of 128m2.
We have plot size data on 42 out of 45 other houses in the postcode and 38, Third Avenue sits on the 40th largest plot.
38, Third Avenue has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2022.
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, 38, Third Avenue was last sold on 11th August 2023 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 38, Third Avenue within a radius of 350 metres over the last 2 years.
The most recent example is 114, Second Avenue, London, E12 6EL, a freehold house which sold for £431,000 on the 16th November 2018.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Third Avenue, London, E12 has a total of 189 addresses. According to our analysis of all the public data, 38, Third Avenue is the 2nd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in E12.
The closest station to 38, Third Avenue is Manor Park station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 38, Third Avenue, 35.9% of property is privately rented and 27.2% is privately owned outright.
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 38, Third Avenue, 22.4% of residents are recorded as possessing school level qualifications and 30.5% 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 38, Third Avenue, the average age was 32.7 and the most common age was 32.
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 38, Third Avenue, 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 38, Third Avenue, 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.
