Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 41B, Lorne Road is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41B, Lorne Road is £505,543 and the estimated rental value is £2,447 per month.
The apartment is within 41, Lorne Road, London, E7.
Lorne Road, London, E7 is located in the borough of Newham within the E7 postal district.
41B, Lorne Road has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated April 2024.
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 41B, Lorne Road is in very good condition we estimate a sale value of £530,820 and a rental value of £2,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,155 and a rental value of £2,276 per month.
Over the last 12 months the sale value of 41B Lorne Road has decreased by an estimated £4,883 (1.0%) and its rental value has increased by an estimated £95 per month (3.9%), giving an expected gross yield of 5.8%.
41B, Lorne Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2024.
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, 41B, Lorne Road was last sold on 30th April 2014 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2014, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41B, Lorne Road within a radius of 490 metres over the last 2 years.
The most recent example is 36A , Latimer Road, London, E7 0LQ, a leasehold flat which sold for £335,000 on the 25th October 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Road, London, E7 has a total of 88 addresses. According to our analysis of all the public data, 41B, Lorne Road is the 70th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in E7.
The nearest school is Godwin Junior School which is 226 metres away. The nearest train station is Wanstead Park which is 500 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.
Be the first Estate
Agent here!
