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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 191, Cornwell House 15 is a modern leasehold apartment with 441 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 191, Cornwell House 15 is £279,855 and the estimated rental value is £1,515 per month.
The apartment is within Cornwell House, Ron Leighton Way, London, E6.
Ron Leighton Way, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 191, Cornwell House 15 has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 191, Cornwell House 15 is in very good condition we estimate a sale value of £293,847 and a rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,265 and a rental value of £1,409 per month.
Over the past 12 months, the estimated sale value of Flat 191, Cornwell House 15 has moved down by £6,922 (2.5%), while its estimated rental value has increased by £53 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Flat 191, Cornwell House 15 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 191, Cornwell House 15 was last sold on 10th February 2023 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped by 17.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 191, Cornwell House 15 within a radius of 310 metres over the last 2 years.
The most recent example is Flat 215, Cornwell House 15, Ron Leighton Way, London, E6 1FD, a leasehold flat which sold for £295,000 on the 3rd May 2022.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ron Leighton Way, London, E6 has a total of 228 addresses. According to our analysis of all the public data, Flat 191, Cornwell House 15 is the 220th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in E6.
The closest station to Flat 191, Cornwell House 15 is East Ham station, which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 191, Cornwell House 15, 54.6% of property is privately rented and 22.1% is socially rented.
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 191, Cornwell House 15, 28.5% of residents are recorded as possessing school level qualifications and 29.7% 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 191, Cornwell House 15, the average age was 33.7 and the most common age was 37.
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 191, Cornwell House 15, 0.6% 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 191, Cornwell House 15, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
