Flat 18, Rendel Apartments 3
Flat 18, Rendel Apartments 3
Description & Estimates
Public records show Flat 18, Rendel Apartments 3 to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 18, Rendel Apartments 3 has an estimated sale value of £367,632 and an estimated rental value of £2,335 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rendel Apartments, Lock Side Way, London, E16.
Lock Side Way, London, E16 lies in the borough of Newham, within the E16 postal district.
Our Data Sources
Flat 18, Rendel Apartments 3 has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate Flat 18, Rendel Apartments 3 would be worth £386,014, with a potential rental value of £2,452 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £341,898, with a rental value of £2,172 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 18, Rendel Apartments 3 has decreased by £13,272 (3.6%) over the last year. During the same period, its estimated monthly rental value has grown by £109 (4.6%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
Flat 18, Rendel Apartments 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 18, Rendel Apartments 3 last changed hands on 27th March 2017, selling for £345,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 4.0% since March 2017.
- Sold Mar 2017£345,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 18, Rendel Apartments 3 across the last 2 years.
Most recently, Flat 7, Aird Point 1, Lock Side Way, London, E16 2GZ, a leasehold flat, sold at £325,000 on the 7th May 2025.
Read more about house prices in E16.
- Sold May 2025£325,000 | 2 Bed FlatAird Point 1, Lock Side WayFlat 7, Aird Point 1, Lock Side Way, London, E16 2GZ
- Sold Jul 2022£310,000 | 2 Bed FlatRendel Apartments 3, Lock Side WayFlat 6, Rendel Apartments 3, Lock Side Way, London, E16 2HA
- Sold Mar 2022£345,000 | 2 Bed FlatRendel Apartments 3, Lock Side WayFlat 19, Rendel Apartments 3, Lock Side Way, London, E16 2HA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 18, Rendel Apartments 3 as the 101st largest and the 101st most expensive of the 123 addresses on Lock Side Way, London, E16.
Against the E16 postcode district average, it is £15k less expensive than the typical property.
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Schools Nearby
- 900mGallions Primary School
- 1.1kmWinsor Primary School
- 1.4kmHeronsgate Primary School
- 700mLondon Design and Engineering UTC
- 1.7kmKingsford Community School
- 2.3kmWoolwich Polytechnic School
More reading links
Public Transport Nearby
Gallions Reach station is the nearest stop to Flat 18, Rendel Apartments 3 at 400 metres away.
- 400mGallions Reach
- 900mCyprus
- 900mKing George V
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
