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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lancaster Avenue is £926,584 and the estimated rental value is £3,822 per month.
Lancaster Avenue, London, E18 is located in the borough of Redbridge within the E18 postal district.
7, Lancaster Avenue has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated May 2019.
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 7, Lancaster Avenue is in very good condition we estimate a sale value of £972,914 and a rental value of £4,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £861,724 and a rental value of £3,554 per month.
Over the last 12 months the sale value of 7 Lancaster Avenue has increased by an estimated £6,571 (0.7%) and its rental value has increased by an estimated £140 per month (3.7%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 7, Lancaster Avenue sits on a plot of 373m2.
We have plot size data on 22 out of 23 other houses in the postcode and 7, Lancaster Avenue sits on the 6th largest plot.
7, Lancaster Avenue has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2019.
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, 7, Lancaster Avenue was last sold on 3rd February 2023 for £1,000,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lancaster Avenue within a radius of 440 metres over the last 2 years.
The most recent example is 27, Cranbourne Avenue, London, E11 2BH, a freehold house which sold for £950,000 on the 25th June 2024.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Avenue, London, E18 has a total of 23 addresses. According to our analysis of all the public data, 7, Lancaster Avenue is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £306k more expensive than the average property in E18.
The nearest school is Snaresbrook Primary School which is 332 metres away. The nearest train station is South Woodford which is 600 metres away.
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