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According to the public record, 497, Forest Road is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 497, Forest Road is £446,298 and the estimated rental value is £2,096 per month.
Forest Road, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
497, Forest Road has 3 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 497, Forest Road is in very good condition we estimate a sale value of £468,613 and a rental value of £2,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,057 and a rental value of £1,949 per month.
Over the last 12 months the sale value of 497 Forest Road has increased by an estimated £2,579 (0.6%) and its rental value has increased by an estimated £72 per month (3.4%), giving an expected gross yield of 5.6%.
497, Forest Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2021.
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, 497, Forest Road was last sold on 18th May 2022 for £440,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 497, Forest Road within a radius of 340 metres over the last 2 years.
The most recent example is 515, Forest Road, London, E17 5LD, a leasehold flat which sold for £450,000 on the 31st May 2024.
Read more about house prices in E17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, London, E17 has a total of 1669 addresses. According to our analysis of all the public data, 497, Forest Road is the 840th largest and the 464th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in E17.
The nearest school is Greenleaf Primary School which is 102 metres away. The nearest train station is Blackhorse Road which is 900 metres away.
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