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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
According to the public record, 48, Damask Crescent is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Damask Crescent is £305,246 and the estimated rental value is £1,921 per month.
Damask Crescent, London, E16 is located in the borough of Newham within the E16 postal district.
48, Damask Crescent has 41 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated April 2014.
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 48, Damask Crescent is in very good condition we estimate a sale value of £320,509 and a rental value of £2,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,879 and a rental value of £1,786 per month.
Over the last 12 months the sale value of 48 Damask Crescent has decreased by an estimated £9,877 (3.2%) and its rental value has increased by an estimated £105 per month (5.5%), giving an expected gross yield of 7.6%.
48, Damask Crescent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 48, Damask Crescent was last sold on 21st June 2021 for £325,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has dropped 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Damask Crescent within a radius of 470 metres over the last 2 years.
The most recent example is 8, Nutmeg Close, London, E16 4PG, a leasehold flat which sold for £340,000 on the 3rd March 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Damask Crescent, London, E16 has a total of 44 addresses. According to our analysis of all the public data, 48, Damask Crescent is the 24th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in E16.
The nearest school is Gainsborough Primary School which is 179 metres away. The nearest train station is Star Lane which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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