Flat 115, Falconbrook Gardens 17
Flat 115, Falconbrook Gardens 17
Description & Estimates
Flat 115, Falconbrook Gardens 17 appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 695 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 115, Falconbrook Gardens 17 is £507,753 and its rental estimate is £2,604 per month, given the available information and assuming reasonable condition.
Falconbrook Gardens, Silvertown Way is a residential building on Silvertown Way, London, E16 and falls within the E16 postal district and the London Borough of Newham.
Our Data Sources
Flat 115, Falconbrook Gardens 17 has a single entry in the Land Registry from May 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 115, Falconbrook Gardens 17, we estimate a market value of £533,141 and a rental value of £2,735 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £472,211 and £2,422 per month respectively.
Recent Market Change
Over the last year, Flat 115, Falconbrook Gardens 17 has seen its estimated sale value move down by £18,331 (3.6%) and its estimated rental value increase by £121 per month (4.6%). This results in an estimated gross rental yield of 6.2%.
Sold Prices
The most recent sale of Flat 115, Falconbrook Gardens 17 completed on 28th May 2021 at £492,525 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 22.1% over the period since May 2021.
- Sold May 2021£492,525
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 115, Falconbrook Gardens 17 have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was Flat 5, Effra Gardens 1, Heartwell Avenue, London, E16 1QH, a leasehold flat which sold for £495,000.
Read more about house prices in E16.
- Sold Nov 2024£495,000 | 2 Bed FlatEffra Gardens 1, Heartwell AvenueFlat 5, Effra Gardens 1, Heartwell Avenue, London, E16 1QH
- Sold Dec 2023£465,000 | 2 Bed FlatEffra Gardens 1, Heartwell AvenueFlat 14, Effra Gardens 1, Heartwell Avenue, London, E16 1QH
- Sold Aug 2023£590,000 | 2 Bed FlatEffra Gardens 1, Heartwell AvenueFlat 29, Effra Gardens 1, Heartwell Avenue, London, E16 1QH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 559 addresses on Silvertown Way, London, E16, Flat 115, Falconbrook Gardens 17 comes out as the 363rd largest and the 215th most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the E16 district.
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Schools Nearby
- 300mSt Luke's Primary School
- 500mHallsville Primary School
- 800mKeir Hardie Primary School
- 800mRokeby School
- 1.2kmEastlea Community School
- 1.4kmOasis Academy Silvertown
More reading links
Public Transport Nearby
From Flat 115, Falconbrook Gardens 17, the nearest station is Royal Victoria, 500 metres away.
- 300mCanning Town
- 700mRoyal Victoria
- 800mCanary Wharf (Elizabeth line)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
