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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, 6, Magpie Close is a mid-century leasehold apartment with 538 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 6, Magpie Close is £259,827 and the estimated rental value is £1,831 per month.
Magpie Close, London, E7 is located in the borough of Newham within the E7 postal district.
6, Magpie Close has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated May 2016.
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.
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 6, Magpie Close is in very good condition we estimate a sale value of £272,819 and a rental value of £1,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,639 and a rental value of £1,703 per month.
Over the last 12 months the sale value of 6 Magpie Close has decreased by an estimated £1,647 (0.6%) and its rental value has increased by an estimated £71 per month (3.9%), giving an expected gross yield of 8.5%.
6, Magpie Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2016.
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, 6, Magpie Close was last sold on 13th June 2014 for £61,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has risen 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Magpie Close within a radius of 370 metres over the last 2 years.
The most recent example is 4, Magpie Close, London, E7 9DE, a leasehold flat which sold for £265,000 on the 27th September 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magpie Close, London, E7 has a total of 110 addresses. According to our analysis of all the public data, 6, Magpie Close is the 64th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in E7.
The nearest school is St James' CofE Junior School which is 133 metres away. The nearest train station is Forest Gate which is 500 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.
