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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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Public records show 48, Redbridge Lane West to be a period freehold house with 2,464 ft2 of internal area, sitting on a 407 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
48, Redbridge Lane West has an estimated sale value of £1,441,970 and an estimated rental value of £4,545 per month, assuming reasonable condition and based on the information available.
Redbridge Lane West, London, E11 lies in the borough of Redbridge, within the E11 postal district.
48, Redbridge Lane West has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated June 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.
In very good condition, we estimate 48, Redbridge Lane West would be worth £1,514,069, with a potential rental value of £4,773 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,341,032, with a rental value of £4,227 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 48, Redbridge Lane West has dropped by £14,873 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £139 (3.1%). The property's estimated gross yield is currently 3.8%.
48, Redbridge Lane West occupies a 407 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 20th largest.
48, Redbridge Lane West has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
48, Redbridge Lane West last changed hands on 28th September 2022, selling for £1,650,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 16.1% since September 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 48, Redbridge Lane West across the last 2 years.
Most recently, 66, Redbridge Lane West, London, E11 2JU, a freehold house, sold at £1,700,000 on the 25th November 2022.
Read more about house prices in E11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 48, Redbridge Lane West as the 4th largest and the 7th most expensive of the 78 addresses on Redbridge Lane West, London, E11.
Against the E11 postcode district average, it is £831k more expensive than the typical property.
Wanstead station is the nearest stop to 48, Redbridge Lane West at 300 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Redbridge Lane West, 42.9% of property is privately owned outright and 40.6% is privately owned with a mortgage.
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 48, Redbridge Lane West, 23.7% of residents are recorded as possessing school level qualifications and 71.4% 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 48, Redbridge Lane West, the average age was 40.6 and the most common age was 42.
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 48, Redbridge Lane West, 2.2% 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 48, Redbridge Lane West, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
