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In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 192, Cornwell House 15 has an estimated sale value of £470,231 and an estimated rental value of £2,500 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cornwell House, Ron Leighton Way, London, E6.
Ron Leighton Way, London, E6 lies in the borough of Newham, within the E6 postal district.
Flat 192, Cornwell House 15 has a single entry in the Land Registry from September 2022 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.
In very good condition, we estimate Flat 192, Cornwell House 15 would be worth £493,743, with a potential rental value of £2,625 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £437,315, with a rental value of £2,325 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 192, Cornwell House 15 has dropped by £11,877 (2.5%) over the last year. During the same period, its estimated monthly rental value has risen by £87 (3.5%). The property's estimated gross yield is currently 6.4%.
Flat 192, 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.
Flat 192, Cornwell House 15 last changed hands on 23rd September 2022, selling for £446,395. 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 dropped by 22.7% since September 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 310 metres of Flat 192, Cornwell House 15 across the last 2 years.
Most recently, Flat 216, Cornwell House 15, Ron Leighton Way, London, E6 1FD, a leasehold flat, sold at £471,415 on the 9th December 2022.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 192, Cornwell House 15 as the 27th largest and the 21st most expensive of the 228 addresses on Ron Leighton Way, London, E6.
Against the E6 postcode district average, it is £78k more expensive than the typical property.
East Ham station is the nearest stop to Flat 192, Cornwell House 15 at 600 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 192, 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 192, 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 192, 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 192, 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 192, 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.