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According to the public record, 40A, Water Lane is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40A, Water Lane is £307,237 and the estimated rental value is £2,017 per month.
Water Lane, London, E15 is located in the borough of Newham within the E15 postal district.
40A, Water Lane has 2 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated March 2020.
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 40A, Water Lane is in very good condition we estimate a sale value of £322,599 and a rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,730 and a rental value of £1,875 per month.
Over the last 12 months the sale value of 40A Water Lane has decreased by an estimated £4,635 (1.5%) and its rental value has increased by an estimated £73 per month (3.6%), giving an expected gross yield of 7.9%.
40A, Water Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2020.
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, 40A, Water Lane was last sold on 21st February 2018 for £305,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2018, the market for similar properties has dropped 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40A, Water Lane within a radius of 350 metres over the last 2 years.
The most recent example is Flat 90, Ibex House 1, Forest Lane, London, E15 1HS, a leasehold flat which sold for £325,000 on the 19th February 2026.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Water Lane, London, E15 has a total of 108 addresses. According to our analysis of all the public data, 40A, Water Lane is the 85th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in E15.
The closest station to 40A, Water Lane is Maryland 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 40A, Water Lane, % 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 40A, Water Lane, 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 40A, Water Lane, 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 40A, Water Lane, 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.