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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, Flat 11, Orwell Lodge 4 is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 11, Orwell Lodge 4 is £432,462 and the estimated rental value is £1,862 per month.
The apartment is within Orwell Lodge, Hermitage Walk, London, E18.
Hermitage Walk, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 11, Orwell Lodge 4 has a single entry in the Land Registry from July 2011 and a single entry in the EPC database dated September 2023.
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.
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 Flat 11, Orwell Lodge 4 is in very good condition we estimate a sale value of £454,085 and a rental value of £1,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,190 and a rental value of £1,731 per month.
Over the last 12 months the sale value of Flat 11 Orwell Lodge 4 has decreased by an estimated £4,288 (1.0%) and its rental value has increased by an estimated £81 per month (4.3%), giving an expected gross yield of 5.2%.
Flat 11, Orwell Lodge 4 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2023.
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, Flat 11, Orwell Lodge 4 was last sold on 15th July 2011 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2011, the market for similar properties has risen 51.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Orwell Lodge 4 within a radius of 480 metres over the last 2 years.
The most recent example is Flat 5, Shernwood House 2, Hermitage Walk, London, E18 2DE, a leasehold flat which sold for £435,000 on the 21st November 2024.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermitage Walk, London, E18 has a total of 87 addresses. According to our analysis of all the public data, Flat 11, Orwell Lodge 4 is the 75th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in E18.
The nearest school is Snaresbrook Primary School which is 300 metres away. The nearest train station is Snaresbrook which is 400 metres away.
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