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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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According to the public record, 56, Memorial Avenue is a early-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Memorial Avenue is £224,641 and the estimated rental value is £1,478 per month.
Memorial Avenue, London, E15 is located in the borough of Newham within the E15 postal district.
56, Memorial Avenue has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 56, Memorial Avenue is in very good condition we estimate a sale value of £235,873 and a rental value of £1,552 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,916 and a rental value of £1,374 per month.
Over the last 12 months the sale value of 56 Memorial Avenue has decreased by an estimated £3,247 (1.4%) and its rental value has increased by an estimated £58 per month (3.9%), giving an expected gross yield of 7.9%.
56, Memorial Avenue has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2017.
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, 56, Memorial Avenue was last sold on 24th August 2017 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Memorial Avenue within a radius of 480 metres over the last 2 years.
The most recent example is 49, Memorial Avenue, London, E15 3BT, a leasehold flat which sold for £265,500 on the 22nd August 2022.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Memorial Avenue, London, E15 has a total of 136 addresses. According to our analysis of all the public data, 56, Memorial Avenue is the 113th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in E15.
The closest station to 56, Memorial Avenue is West Ham station which is 100 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Memorial Avenue, 46.2% of property is socially rented and 29.9% is privately rented.
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 56, Memorial Avenue, 22.6% of residents are recorded as possessing school level qualifications and 39.5% 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 56, Memorial Avenue, the average age was 34.7 and the most common age was 32.
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 56, Memorial Avenue, 1.4% 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 56, Memorial Avenue, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
