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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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42, Laker House 10 is recorded publicly as a modern leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 42, Laker House 10 is £426,542 and its rental estimate is £2,255 per month, given the available information and assuming reasonable condition.
Laker House, Nautical Drive is a residential building on Nautical Drive, London, E16 and falls within the E16 postal district and the London Borough of Newham.
42, Laker House 10 has a single entry in the Land Registry from February 2017 and a single entry in the EPC database dated February 2017.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 42, Laker House 10, we estimate a market value of £447,870 and a rental value of £2,368 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £396,684 and £2,097 per month respectively.
Over the last year, 42, Laker House 10 has seen its estimated sale value decline by £15,399 (3.6%) and its estimated rental value climb by £105 per month (4.6%). This results in an estimated gross rental yield of 6.3%.
42, Laker House 10 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of 42, Laker House 10 completed on 28th February 2017 at £356,200 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 21.3% over the period since February 2017.
Over the past 2 years 3 properties similar to 42, Laker House 10 have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 73, Liner House 16, Admiralty Avenue, London, E16 2SJ, a leasehold flat which sold for £360,000.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 65 addresses on Nautical Drive, London, E16, 42, Laker House 10 comes out as the 54th largest and the 54th most expensive in our analysis of the public data.
It is also £44k more expensive than the average property across the E16 district.
From 42, Laker House 10, the nearest station is Pontoon Dock, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Laker House 10, % of property is and % is .
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 42, Laker House 10, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 42, Laker House 10, 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 42, Laker House 10, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
