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Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Florence Street is £535,117 and the estimated rental value is £3,021 per month.
Florence Street, London, E16 is located in the borough of Newham within the E16 postal district.
40, Florence Street has no records in the the Land Registry and a single entry in the EPC database dated December 2014.
We combine this information with public data 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 40, Florence Street is in very good condition we estimate a sale value of £561,873 and a rental value of £3,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,659 and a rental value of £2,810 per month.
Over the last 12 months the sale value of 40 Florence Street has decreased by an estimated £17,518 (3.3%) and its rental value has increased by an estimated £167 per month (5.5%), giving an expected gross yield of 6.8%.
40, Florence Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Dec 2014.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 330 metres radius of 40, Florence Street over the last 2 years.
The most recent example is 4, Florence Street, London, E16 4JS, a freehold house which sold for £420,000 on the 14th November 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florence Street, London, E16 has a total of 43 addresses. According to our analysis of all the public data, 40, Florence Street is the 14th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in E16.
The nearest school is Eastlea Community School which is 247 metres away. The nearest train station is Star Lane which is 600 metres away.
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