Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 148, Falconbrook Gardens 17 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 704 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 148, Falconbrook Gardens 17 is £514,288 and the estimated rental value is £2,634 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.
Flat 148, Falconbrook Gardens 17 has a single entry in the Land Registry from July 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.
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 148, Falconbrook Gardens 17 is in very good condition we estimate a sale value of £540,002 and a rental value of £2,766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,287 and a rental value of £2,450 per month.
Over the past 12 months, the estimated sale value of Flat 148, Falconbrook Gardens 17 has declined by £18,567 (3.6%), while its estimated rental value has climbed by £122 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 6.1%.
According to HM Land Registry, Flat 148, Falconbrook Gardens 17 was last sold on 7th July 2021 for £500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has dropped by 21.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 148, Falconbrook Gardens 17 within a radius of 220 metres over the last 2 years.
The most recent example is Flat 5, Effra Gardens 1, Heartwell Avenue, London, E16 1QH, a leasehold flat which sold for £495,000 on the 8th November 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silvertown Way, London, E16 has a total of 559 addresses. According to our analysis of all the public data, Flat 148, Falconbrook Gardens 17 is the 359th largest and the 211th most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in E16.
The closest station to Flat 148, Falconbrook Gardens 17 is Royal Victoria station, which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 148, Falconbrook Gardens 17, 72.1% of property is privately rented and 14.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 148, Falconbrook Gardens 17, 16.3% of residents are recorded as possessing school level qualifications and 69.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 148, Falconbrook Gardens 17, the average age was 33.3 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 148, Falconbrook Gardens 17, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 148, Falconbrook Gardens 17, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
