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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
According to the public record, 8, Nutmeg Close is a modern leasehold apartment with 570 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 8, Nutmeg Close is £307,894 and the estimated rental value is £1,944 per month.
Nutmeg Close, London, E16 is located in the borough of Newham within the E16 postal district.
8, Nutmeg Close has 3 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property 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 8, Nutmeg Close is in very good condition we estimate a sale value of £323,288 and a rental value of £2,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,341 and a rental value of £1,808 per month.
Over the last 12 months the sale value of 8 Nutmeg Close has decreased by an estimated £9,963 (3.2%) and its rental value has increased by an estimated £107 per month (5.5%), giving an expected gross yield of 7.6%.
8, Nutmeg Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8, Nutmeg Close was last sold on 3rd March 2022 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has dropped 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Nutmeg Close within a radius of 450 metres over the last 2 years.
The most recent example is 48, Damask Crescent, London, E16 4PQ, a leasehold flat which sold for £325,000 on the 21st June 2021.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nutmeg Close, London, E16 has a total of 34 addresses. According to our analysis of all the public data, 8, Nutmeg Close is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in E16.
The nearest school is Gainsborough Primary School which is 162 metres away. The nearest train station is Star Lane which is 300 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.
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