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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
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According to the public record, Flat 16, 47, Cherrywood Close is a modern apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, 47, Cherrywood Close is £247,713 and the estimated rental value is £1,407 per month.
The apartment is within 47, Cherrywood Close, London, E3.
Cherrywood Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 16, 47, Cherrywood Close has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 16, 47, Cherrywood Close is in very good condition we estimate a sale value of £260,098 and a rental value of £1,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,373 and a rental value of £1,308 per month.
Over the last 12 months the sale value of Flat 16 47 Cherrywood Close has decreased by an estimated £6,606 (2.7%) and its rental value has increased by an estimated £64 per month (4.5%), giving an expected gross yield of 6.8%.
Flat 16, 47, Cherrywood Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, 47, Cherrywood Close within a radius of 310 metres over the last 2 years.
The most recent example is Flat 24, Aubers Ridge Court 9, Festubert Place, London, E3 2ZS, a leasehold flat which sold for £324,950 on the 9th May 2017.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrywood Close, London, E3 has a total of 74 addresses. According to our analysis of all the public data, Flat 16, 47, Cherrywood Close is the 68th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in E3.
The nearest school is Olga Primary School which is 265 metres away. The nearest train station is Mile End which is 400 metres away.
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