Flat 127, Falconbrook Gardens 17
Flat 127, Falconbrook Gardens 17
Description & Estimates
The public record lists Flat 127, Falconbrook Gardens 17 as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 677 ft2 of internal area and a balcony.
In this area, apartments of this size normally have 2 bedrooms.
Flat 127, Falconbrook Gardens 17 has an estimated sale value of £499,258 and an estimated rental value of £2,569 per month, assuming reasonable condition and based on the information available.
The apartment sits within Falconbrook Gardens, Silvertown Way, London, E16.
Silvertown Way, London, E16 lies in the borough of Newham, within the E16 postal district.
Our Data Sources
Flat 127, 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
In very good condition, we estimate Flat 127, Falconbrook Gardens 17 would be worth £524,220, with a potential rental value of £2,697 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £464,310, with a rental value of £2,389 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 127, Falconbrook Gardens 17 has decreased by £18,024 (3.6%) over the last year. During the same period, its estimated monthly rental value has grown by £119 (4.6%). The property's estimated gross yield is currently 6.2%.
Sold Prices
Flat 127, Falconbrook Gardens 17 last changed hands on 28th May 2021, selling for £470,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.1% since May 2021.
- Sold May 2021£470,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 127, Falconbrook Gardens 17 across the last 2 years.
Most recently, Flat 149, Effra Gardens 25, Silvertown Way, London, E16 1RB, a leasehold flat, sold at £385,000 on the 9th August 2024.
Read more about house prices in E16.
- Sold Aug 2024£385,000 | 2 Bed FlatEffra Gardens 25, Silvertown WayFlat 149, Effra Gardens 25, Silvertown Way, London, E16 1RB
- Sold Dec 2023£465,000 | 2 Bed FlatEffra Gardens 1, Heartwell AvenueFlat 14, Effra Gardens 1, Heartwell Avenue, London, E16 1QH
- Sold May 2021£590,000 | 2 Bed FlatEffra Gardens 1, Heartwell AvenueFlat 86, Effra Gardens 1, Heartwell Avenue, London, E16 1QH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 127, Falconbrook Gardens 17 as the 367th largest and the 220th most expensive of the 559 addresses on Silvertown Way, London, E16.
Against the E16 postcode district average, it is £117k more expensive than the typical property.
More reading links
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
Royal Victoria station is the nearest stop to Flat 127, Falconbrook Gardens 17 at 500 metres away.
- 300mCanning Town
- 700mRoyal Victoria
- 800mCanary Wharf (Elizabeth line)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
