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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, Flat 13, Warehouse W 3 is a period leasehold apartment with 2,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 13, Warehouse W 3 is £734,802 and the estimated rental value is £4,321 per month.
The apartment is within Warehouse W, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 13, Warehouse W 3 has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated July 2011.
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 13, Warehouse W 3 is in very good condition we estimate a sale value of £771,542 and a rental value of £4,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £683,366 and a rental value of £4,018 per month.
Over the last 12 months the sale value of Flat 13 Warehouse W 3 has decreased by an estimated £22,923 (3.1%) and its rental value has increased by an estimated £211 per month (4.9%), giving an expected gross yield of 7.1%.
Flat 13, Warehouse W 3 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
According to HM Land Registry, Flat 13, Warehouse W 3 was last sold on 29th March 2007 for £580,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Warehouse W 3 within a radius of 340 metres over the last 2 years.
The most recent example is Flat 65, The Grainstore 4, Western Gateway, London, E16 1BA, a leasehold flat which sold for £940,000 on the 12th August 2016.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Gateway, London, E16 has a total of 1467 addresses. According to our analysis of all the public data, Flat 13, Warehouse W 3 is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £353k more expensive than the average property in E16.
The nearest school is Britannia Village Primary School which is 500 metres away. The nearest train station is Custom House (Elizabeth line) which is 200 metres away.
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