Flat 135, Falconbrook Gardens 17
Flat 135, Falconbrook Gardens 17
Description & Estimates
According to the public record, Flat 135, Falconbrook Gardens 17 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 670 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 135, Falconbrook Gardens 17 is £497,095 and the estimated rental value is £2,561 per month.
The apartment is within Falconbrook Gardens, Silvertown Way, London, E16.
Silvertown Way, London, E16 is located in the borough of Newham within the E16 postal district.
Our Data Sources
Flat 135, Falconbrook Gardens 17 has a single entry in the Land Registry from September 2022 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
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 135, Falconbrook Gardens 17 is in very good condition we estimate a sale value of £521,950 and a rental value of £2,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,298 and a rental value of £2,381 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 135, Falconbrook Gardens 17 has declined by £17,946 (3.6%), while its estimated rental value has climbed by £119 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Sold Prices
According to HM Land Registry, Flat 135, Falconbrook Gardens 17 was last sold on 30th September 2022 for £465,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped by 22.3%.
- Sold Sep 2022£465,000
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 135, Falconbrook Gardens 17 within a radius of 220 metres over the last 2 years.
The most recent example is Flat 149, Effra Gardens 25, Silvertown Way, London, E16 1RB, a leasehold flat which sold for £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 Feb 2023£405,000 | 2 Bed FlatEffra Gardens 25, Silvertown WayFlat 133, Effra Gardens 25, Silvertown Way, London, E16 1RB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Silvertown Way, London, E16 has a total of 559 addresses. According to our analysis of all the public data, Flat 135, Falconbrook Gardens 17 is the 370th largest and the 221st most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in E16.
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
The closest station to Flat 135, Falconbrook Gardens 17 is Royal Victoria station, which is 500 metres away.
- 300mCanning Town
- 700mRoyal Victoria
- 800mCanary Wharf (Elizabeth line)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
