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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 54, The Drive is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,960 ft2 of internal area and sits on a 1,078 m2 plot and a garden.
Houses of this size in this area normally have 6 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, The Drive is £2,012,239 and the estimated rental value is £8,676 per month.
The Drive, London, E18 is located in the borough of Redbridge within the E18 postal district.
54, The Drive has a single entry in the Land Registry from February 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 54, The Drive is in very good condition we estimate a sale value of £2,112,851 and a rental value of £9,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,871,382 and a rental value of £8,068 per month.
Over the last 12 months the sale value of 54 The Drive has decreased by an estimated £2,140 (0.1%) and its rental value has increased by an estimated £268 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 54, The Drive sits on a plot of 1078m2.
We have plot size data on 14 out of 14 other houses in the postcode and 54, The Drive sits on the 2nd largest plot.
According to HM Land Registry, 54, The Drive was last sold on 11th February 2011 for £1,300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2011, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, The Drive within a radius of 450 metres over the last 2 years.
The most recent example is 33, Lansdowne Road, London, E18 2BA, a freehold house which sold for £1,771,000 on the 25th August 2023.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, London, E18 has a total of 148 addresses. According to our analysis of all the public data, 54, The Drive is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £1.392m more expensive than the average property in E18.
The nearest school is Snaresbrook Primary School which is 631 metres away. The nearest train station is South Woodford which is 400 metres away.
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