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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, 124B, George Lane is a period apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 124B, George Lane is £247,984 and the estimated rental value is £1,082 per month.
The apartment is within 124, George Lane, London, E18.
George Lane, London, E18 is located in the borough of Redbridge within the E18 postal district.
124B, George Lane has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 124B, George Lane is in very good condition we estimate a sale value of £260,383 and a rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,625 and a rental value of £1,006 per month.
Over the last 12 months the sale value of 124B George Lane has decreased by an estimated £2,781 (1.1%) and its rental value has increased by an estimated £43 per month (3.9%), giving an expected gross yield of 5.2%.
124B, George Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124B, George Lane within a radius of 400 metres over the last 2 years.
The most recent example is 122A, George Lane, London, E18 1AD, a leasehold flat which sold for £3,700,000 on the 29th October 2021.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Lane, London, E18 has a total of 244 addresses. According to our analysis of all the public data, 124B, George Lane is the 237th largest and the 231st most expensive property on the street.
When compared to the postcode district it is £352k less expensive than the average property in E18.
The nearest school is Oakdale Infants' School which is 300 metres away. The nearest train station is South Woodford which is 100 metres away.
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