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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 151, Falconbrook Gardens 17 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 674 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 151, Falconbrook Gardens 17 is £496,965 and the estimated rental value is £2,558 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 151, Falconbrook Gardens 17 has a single entry in the Land Registry from June 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.
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 151, Falconbrook Gardens 17 is in very good condition we estimate a sale value of £521,813 and a rental value of £2,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,177 and a rental value of £2,379 per month.
Over the last 12 months the sale value of Flat 151 Falconbrook Gardens 17 has decreased by an estimated £17,941 (3.6%) and its rental value has increased by an estimated £119 per month (4.6%), giving an expected gross yield of 6.2%.
According to HM Land Registry, Flat 151, Falconbrook Gardens 17 was last sold on 17th June 2022 for £470,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 151, 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.
•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 151, Falconbrook Gardens 17 is the 368th largest and the 222nd most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in E16.
The nearest school is St Luke's Primary School which is 300 metres away. The nearest train station is Royal Victoria which is 500 metres away.
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