Flat 12, Shernwood House 2
Flat 12, Shernwood House 2
Description & Estimates
According to the public record, Flat 12, Shernwood House 2 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 656 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 12, Shernwood House 2 is £411,626 and the estimated rental value is £1,788 per month.
The apartment is within Shernwood House, Hermitage Walk, London, E18.
Hermitage Walk, London, E18 is located in the borough of Redbridge within the E18 postal district.
Our Data Sources
Flat 12, Shernwood House 2 has a single entry in the Land Registry from September 2009 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 12, Shernwood House 2 is in very good condition we estimate a sale value of £432,208 and a rental value of £1,877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,813 and a rental value of £1,663 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 12, Shernwood House 2 has dropped by £4,082 (1.0%), while its estimated rental value has risen by £77 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Sold Prices
According to HM Land Registry, Flat 12, Shernwood House 2 was last sold on 24th September 2009 for £237,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2009, the market for similar properties has risen by 68.1%.
- Sold Sep 2009£237,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Shernwood House 2 within a radius of 480 metres over the last 2 years.
The most recent example is Flat 9, Orwell Lodge 4, Hermitage Walk, London, E18 2DF, a leasehold flat which sold for £485,000 on the 23rd August 2024.
Read more about house prices in E18.
- Sold Aug 2024£485,000 | 2 Bed FlatOrwell Lodge 4, Hermitage WalkFlat 9, Orwell Lodge 4, Hermitage Walk, London, E18 2DF
- Sold Sep 2023£453,000 | 2 Bed FlatMalcolm Way10, Malcolm Way, London, E11 1PW
- Sold Jun 2021£510,000 | 2 Bed FlatShernwood House 2, Hermitage WalkFlat 8, Shernwood House 2, Hermitage Walk, London, E18 2DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Hermitage Walk, London, E18 has a total of 87 addresses. According to our analysis of all the public data, Flat 12, Shernwood House 2 is the 82nd largest and the 77th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in E18.
More reading links
Schools Nearby
- 300mSnaresbrook Primary School
- 800mWanstead Church School
- 1.0kmNightingale Primary School
- 1.4kmLeytonstone School
- 1.5kmWanstead High School
- 1.9kmFrederick Bremer School
More reading links
Public Transport Nearby
The closest station to Flat 12, Shernwood House 2 is Snaresbrook station, which is 400 metres away.
- 400mSnaresbrook
- 900mSouth Woodford
- 1.2kmWanstead
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
