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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 28B, Chelmsford Road is £592,470 and the estimated rental value is £2,554 per month.
The apartment is within 28, Chelmsford Road, London, E18.
Chelmsford Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
28B, Chelmsford Road has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data 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 28B, Chelmsford Road is in very good condition we estimate a sale value of £622,094 and a rental value of £2,681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £550,997 and a rental value of £2,375 per month.
Over the last 12 months the sale value of 28B Chelmsford Road has decreased by an estimated £1,602 (0.3%) and its rental value has increased by an estimated £135 per month (5.3%), giving an expected gross yield of 5.2%.
28B, Chelmsford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2022.
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, 28B, Chelmsford Road was last sold on 22nd October 2004 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 28B, Chelmsford Road within a radius of 450 metres over the last 2 years.
The most recent example is 15A, Malmesbury Road, London, E18 2NL, a leasehold flat which sold for £367,400 on the 27th February 2018.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmsford Road, London, E18 has a total of 149 addresses. According to our analysis of all the public data, 28B, Chelmsford Road is the 87th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in E18.
The nearest school is Churchfields Junior School which is 300 metres away. The nearest train station is South Woodford which is 1.0 kilometres away.
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