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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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97, Alder Point 2 is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 97, Alder Point 2 is £457,976 and its rental estimate is £2,064 per month, given the available information and assuming reasonable condition.
Alder Point, Green Ferry Way is a residential building on Green Ferry Way, London, E17 and falls within the E17 postal district and the London Borough of Waltham Forest.
97, Alder Point 2 has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 97, Alder Point 2, we estimate a market value of £480,875 and a rental value of £2,168 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £425,918 and £1,920 per month respectively.
Over the last year, 97, Alder Point 2 has seen its estimated sale value decline by £3,351 (0.7%) and its estimated rental value climb by £91 per month (4.4%). This results in an estimated gross rental yield of 5.4%.
97, Alder Point 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of 97, Alder Point 2 completed on 25th November 2022 at £496,800 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.0% over the period since November 2022.
Over the past 2 years 3 properties similar to 97, Alder Point 2 have sold within a radius of 210 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2023, was 102, Alder Point 2, Green Ferry Way, London, E17 6BE, a leasehold flat which sold for £499,000.
Read more about house prices in E17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 156 addresses on Green Ferry Way, London, E17, 97, Alder Point 2 comes out as the 93rd largest and the 84th most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the E17 district.
From 97, Alder Point 2, the nearest station is Blackhorse Road, 100 metres away.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 97, Alder Point 2, % of property is and % is .
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 97, Alder Point 2, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 97, Alder Point 2, 0.0% 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 97, Alder Point 2, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
